2024 BHD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |