YEARLY HIGH
43814.9125 IDR
YEARLY LOW
40157.9358 IDR
YEARLY AVERAGE
42101.9457 IDR

2024 BHD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 43814.9125. Conversely, the yearly low was recorded on September 26, dropping to 40157.9358.

This high-to-low spread represents a total annual volatility of 3656.9767 IDR. From a start-to-finish perspective, comparing the January average rate of 41444.5325 to the December average rate of 42621.5913, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 43814.9125 was up 3.62% compared to the 2023 peak of 42282.4461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 219,074,562 IDR
2023 Average 202,240,238 IDR
Yearly Trough Low 200,789,679 IDR
Transaction Impact: A difference of 18,284,883.31 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

43694.7294
40421.8918
JanuMarcMayJulySeptNove

BHD to IDR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 42250.3026, compared to 41953.5888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 296.7138 points.

H1 Avg (Jan–Jun) 42250.3026
H2 Avg (Jul–Dec) 41953.5888

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2347.7549 IDR (High: 43214.2698 / Low: 40866.5149). On the other end, February was the most stable month, with a tight range of 502.3368 IDR (High: 41854.7593 / Low: 41352.4225).

August Spread (Volatile) ±2347.7549
February Spread (Stable) ±502.3368

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1282.7269 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1282.7269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 43421.9929) against the same month in 2023 (average: 39674.8756), the exchange rate shifted by +3747.1173 (+9.44%).

2024 Avg (June) 43421.9929
2023 Avg (June) 39674.8756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42006.5546 40726.0295 41444.5325
February 41854.7593 41352.4225 41558.8414
March 42188.5094 41199.0931 41711.4987
April 43351.8746 42088.5982 42729.8065
May 43163.2306 42249.4721 42635.1437
June 43814.9125 42959.5047 43421.9929
July 43506.4067 42741.1398 43121.4116
August 43214.2698 40866.5149 41838.6847
September 41289.9010 40157.9358 40694.6283
October 41854.6214 40542.7659 41411.9577
November 42405.6041 41312.9195 42033.2594
December 43323.9729 42029.8947 42621.5913