YEARLY HIGH
227.5414 INR
YEARLY LOW
218.9245 INR
YEARLY AVERAGE
222.0417 INR

2024 BHD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 227.5414. Conversely, the yearly low was recorded on February 4, dropping to 218.9245.

This high-to-low spread represents a total annual volatility of 8.6168 INR. From a start-to-finish perspective, comparing the January average rate of 220.4973 to the December average rate of 225.5028, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 227.5414 was up 2.51% compared to the 2023 peak of 221.9731, 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 1,137,707 INR
2023 Average 1,095,586 INR
Yearly Trough Low 1,094,623 INR
Transaction Impact: A difference of 43,084.18 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

226.0391
219.6041
JanuMarcMayJulySeptNove

BHD to INR 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 220.8571, compared to 223.2264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3692 points.

H1 Avg (Jan–Jun) 220.8571
H2 Avg (Jul–Dec) 223.2264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 3.2234 INR (High: 227.5414 / Low: 224.3180). On the other end, October was the most stable month, with a tight range of 0.6830 INR (High: 223.2220 / Low: 222.5391).

December Spread (Volatile) ±3.2234
October Spread (Stable) ±0.6830

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.3570 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 225.5028) against the same month in 2023 (average: 220.7706), the exchange rate shifted by +4.7322 (+2.14%).

2024 Avg (December) 225.5028
2023 Avg (December) 220.7706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 221.2778 219.8189 220.4973
February 221.0844 218.9245 220.1404
March 222.5483 219.4758 220.4397
April 222.3630 220.2997 221.2880
May 222.0055 220.3699 221.2373
June 222.0486 220.4506 221.5400
July 222.3185 221.2988 221.8602
August 223.6999 222.1843 222.7184
September 223.0203 221.4980 222.4250
October 223.2220 222.5391 222.9957
November 224.3905 222.8558 223.8561
December 227.5414 224.3180 225.5028