2024 BHD to ISK Historical Review

YEARLY HIGH

376.8884 ISK

YEARLY LOW

357.7702 ISK

YEARLY AVERAGE

366.1093 ISK

2024 BHD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 376.8884. Conversely, the yearly low was recorded on September 26, dropping to 357.7702.

This high-to-low spread represents a total annual volatility of 19.1181 ISK. From a start-to-finish perspective, comparing the January average rate of 363.2309 to the December average rate of 367.9045, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 376.8884 was down 2.20% compared to the 2023 peak of 385.3576, 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 1,884,442 ISK

2023 Average 1,829,342 ISK

Yearly Trough Low 1,788,851 ISK

Transaction Impact: A difference of 95,590.69 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

373.0021

362.1338

JanuMarcMayJulySeptNove

BHD to ISK 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 366.8995, compared to 365.3192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5803 points.

H1 Avg (Jan–Jun) 366.8995

H2 Avg (Jul–Dec) 365.3192

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 11.3984 ISK (High: 369.7646 / Low: 358.3662). On the other end, July was the most stable month, with a tight range of 5.9031 ISK (High: 368.4729 / Low: 362.5697).

March Spread (Volatile) ±11.3984

July Spread (Stable) ±5.9031

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.7163 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.7163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 372.0964) against the same month in 2023 (average: 362.3516), the exchange rate shifted by +9.7448 (+2.69%).

2024 Avg (April) 372.0964

2023 Avg (April) 362.3516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	366.0776	358.6744	363.2309
February	368.4501	361.2770	365.4445
March	369.7646	358.3662	364.1418
April	376.8884	367.0672	372.0964
May	371.6015	364.2437	368.3801
June	370.9529	363.7507	368.1032
July	368.4729	362.5697	365.4521
August	368.7058	361.5609	365.7577
September	368.6583	357.7702	363.4284
October	366.8948	358.8632	363.0395
November	370.7065	361.3342	366.3328
December	370.9355	364.6030	367.9045