YEARLY HIGH
3920.9368 KRW
YEARLY LOW
3388.9137 KRW
YEARLY AVERAGE
3618.9502 KRW

2024 BHD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3920.9368. Conversely, the yearly low was recorded on January 1, dropping to 3388.9137.

This high-to-low spread represents a total annual volatility of 532.0231 KRW. From a start-to-finish perspective, comparing the January average rate of 3514.6366 to the December average rate of 3822.0532, the exchange rate registered a net change of 8.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3920.9368 was up 8.68% compared to the 2023 peak of 3607.7909, 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 19,604,684 KRW
2023 Average 17,331,913 KRW
Yearly Trough Low 16,944,569 KRW
Transaction Impact: A difference of 2,660,115.54 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3852.7949
3483.8950
JanuMarcMayJulySeptNove

BHD to KRW 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 3584.4343, compared to 3653.4662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 69.0320 points.

H1 Avg (Jan–Jun) 3584.4343
H2 Avg (Jul–Dec) 3653.4662

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 213.4999 KRW (High: 3920.9368 / Low: 3707.4370). On the other end, February was the most stable month, with a tight range of 44.9092 KRW (High: 3558.9023 / Low: 3513.9931).

December Spread (Volatile) ±213.4999
February Spread (Stable) ±44.9092

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 83.6823 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -83.6823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3822.0532) against the same month in 2023 (average: 3451.5128), the exchange rate shifted by +370.5404 (+10.74%).

2024 Avg (December) 3822.0532
2023 Avg (December) 3451.5128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3568.3174 3388.9137 3514.6366
February 3558.9023 3513.9931 3535.4148
March 3583.2289 3479.7676 3536.4464
April 3693.2027 3569.3953 3634.2328
May 3672.6094 3574.7650 3619.6923
June 3698.2380 3623.1062 3666.1826
July 3690.1525 3631.8956 3668.3776
August 3652.4994 3515.5201 3584.6952
September 3567.3738 3479.3888 3530.3444
October 3687.2870 3515.3415 3613.7094
November 3735.9899 3646.2972 3701.6175
December 3920.9368 3707.4370 3822.0532