YEARLY HIGH
433.7250 KES
YEARLY LOW
337.3191 KES
YEARLY AVERAGE
357.5931 KES

2024 BHD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 433.7250. Conversely, the yearly low was recorded on April 8, dropping to 337.3191.

This high-to-low spread represents a total annual volatility of 96.4059 KES. From a start-to-finish perspective, comparing the January average rate of 423.9123 to the December average rate of 343.0544, the exchange rate registered a net change of -19.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 433.7250 was up 3.93% compared to the 2023 peak of 417.3062, 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 2,168,625 KES
2023 Average 1,856,287 KES
Yearly Trough Low 1,686,595 KES
Transaction Impact: A difference of 482,029.48 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

432.0783
334.0867
JanuMarcMayJulySeptNove

BHD to KES 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 372.5158, compared to 342.6704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 29.8454 points.

H1 Avg (Jan–Jun) 372.5158
H2 Avg (Jul–Dec) 342.6704

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 54.0984 KES (High: 432.5524 / Low: 378.4540). On the other end, October was the most stable month, with a tight range of 1.0905 KES (High: 343.1075 / Low: 342.0170).

February Spread (Volatile) ±54.0984
October Spread (Stable) ±1.0905

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 39.7098 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -39.7098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 423.9123) against the same month in 2023 (average: 328.8477), the exchange rate shifted by +95.0646 (+28.91%).

2024 Avg (January) 423.9123
2023 Avg (January) 328.8477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 433.7250 414.4960 423.9123
February 432.5524 378.4540 404.7190
March 390.0415 349.9714 365.0092
April 356.7933 337.3191 348.3424
May 358.1253 339.9526 349.1207
June 348.5409 340.8795 343.9912
July 349.7356 337.5878 342.4480
August 345.1966 341.2414 342.9321
September 343.1231 340.9696 342.2527
October 343.1075 342.0170 342.3589
November 344.7430 341.9394 342.9762
December 344.0366 342.1573 343.0544