YEARLY HIGH
2404.3535 KPW
YEARLY LOW
2373.9185 KPW
YEARLY AVERAGE
2388.2578 KPW

2024 BHD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2404.3535. Conversely, the yearly low was recorded on February 4, dropping to 2373.9185.

This high-to-low spread represents a total annual volatility of 30.4349 KPW. From a start-to-finish perspective, comparing the January average rate of 2387.8200 to the December average rate of 2387.5196, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2404.3535 was down 0.63% compared to the 2023 peak of 2419.5630, 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 12,021,767 KPW
2023 Average 11,941,673 KPW
Yearly Trough Low 11,869,593 KPW
Transaction Impact: A difference of 152,174.67 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2389.7712
2387.3149
JanuMarcMayJulySeptNove

BHD to KPW 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 2388.1336, compared to 2388.3820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2484 points.

H1 Avg (Jan–Jun) 2388.1336
H2 Avg (Jul–Dec) 2388.3820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 22.9687 KPW (High: 2396.8872 / Low: 2373.9185). On the other end, October was the most stable month, with a tight range of 1.9393 KPW (High: 2389.2325 / Low: 2387.2932).

February Spread (Volatile) ±22.9687
October Spread (Stable) ±1.9393

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 1.0540 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2389.5665) against the same month in 2023 (average: 2386.9532), the exchange rate shifted by +2.6134 (+0.11%).

2024 Avg (August) 2389.5665
2023 Avg (August) 2386.9532

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2394.3876 2381.6391 2387.8200
February 2396.8872 2373.9185 2387.8956
March 2395.7643 2387.2109 2388.5850
April 2393.5343 2376.9656 2387.5310
May 2396.9192 2385.6543 2388.6069
June 2392.6879 2375.3220 2388.3628
July 2393.1015 2386.0464 2388.3370
August 2404.3535 2386.4766 2389.5665
September 2392.1156 2385.3381 2388.7845
October 2389.2325 2387.2932 2387.9494
November 2397.9793 2376.8401 2388.1351
December 2394.8335 2384.3018 2387.5196