YEARLY HIGH
238.2721 KGS
YEARLY LOW
222.9368 KGS
YEARLY AVERAGE
231.2302 KGS

2024 BHD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 238.2721. Conversely, the yearly low was recorded on July 31, dropping to 222.9368.

This high-to-low spread represents a total annual volatility of 15.3353 KGS. From a start-to-finish perspective, comparing the January average rate of 236.8036 to the December average rate of 230.5498, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 238.2721 was down 0.06% compared to the 2023 peak of 238.4168, 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 1,191,360 KGS
2023 Average 1,165,595 KGS
Yearly Trough Low 1,114,684 KGS
Transaction Impact: A difference of 76,676.44 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

238.8187
222.4699
JanuMarcMayJulySeptNove

BHD to KGS 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 235.5150, compared to 226.9453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.5697 points.

H1 Avg (Jan–Jun) 235.5150
H2 Avg (Jul–Dec) 226.9453

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 6.1648 KGS (High: 229.1016 / Low: 222.9368). On the other end, March was the most stable month, with a tight range of 1.0188 KGS (High: 238.2721 / Low: 237.2532).

July Spread (Volatile) ±6.1648
March Spread (Stable) ±1.0188

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 June and July, when the average rate fell by 5.4494 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.4494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 237.4563) against the same month in 2023 (average: 232.1111), the exchange rate shifted by +5.3452 (+2.30%).

2024 Avg (March) 237.4563
2023 Avg (March) 232.1111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 237.1955 235.7434 236.8036
February 238.1707 235.5982 237.2362
March 238.2721 237.2532 237.4563
April 237.1033 235.0069 236.2640
May 235.4984 232.6309 234.2069
June 233.3156 229.3815 231.1230
July 229.1016 222.9368 225.6736
August 228.0480 222.9427 226.1346
September 225.5486 223.1616 223.8323
October 227.7282 223.5033 226.3658
November 230.3310 227.6285 229.1159
December 231.5006 229.9527 230.5498