2024 BHD to JOD Historical Review

YEARLY HIGH

1.8933 JOD

YEARLY LOW

1.8706 JOD

YEARLY AVERAGE

1.8812 JOD

2024 BHD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1.8933. Conversely, the yearly low was recorded on February 4, dropping to 1.8706.

This high-to-low spread represents a total annual volatility of 0.0226 JOD. From a start-to-finish perspective, comparing the January average rate of 1.8822 to the December average rate of 1.8815, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8933 was down 0.80% compared to the 2023 peak of 1.9085, 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 9,466 JOD

2023 Average 9,410 JOD

Yearly Trough Low 9,353 JOD

Transaction Impact: A difference of 113.23 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8824

1.8801

JanuMarcMayJulySeptNove

BHD to JOD 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 1.8813, compared to 1.8812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.8813

H2 Avg (Jul–Dec) 1.8812

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0178 JOD (High: 1.8885 / Low: 1.8706). On the other end, October was the most stable month, with a tight range of 0.0022 JOD (High: 1.8819 / Low: 1.8797).

February Spread (Volatile) ±0.0178

October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.8817) against the same month in 2023 (average: 1.8778), the exchange rate shifted by +0.0039 (+0.21%).

2024 Avg (August) 1.8817

2023 Avg (August) 1.8778

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8873	1.8778	1.8822
February	1.8885	1.8706	1.8814
March	1.8871	1.8803	1.8815
April	1.8850	1.8723	1.8803
May	1.8880	1.8788	1.8813
June	1.8846	1.8707	1.8809
July	1.8844	1.8791	1.8807
August	1.8933	1.8792	1.8817
September	1.8831	1.8783	1.8810
October	1.8819	1.8797	1.8806
November	1.8893	1.8727	1.8817
December	1.8869	1.8786	1.8815