YEARLY HIGH
0.8183 KWD
YEARLY LOW
0.8092 KWD
YEARLY AVERAGE
0.8143 KWD

2024 BHD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.8183. Conversely, the yearly low was recorded on September 18, dropping to 0.8092.

This high-to-low spread represents a total annual volatility of 0.0091 KWD. From a start-to-finish perspective, comparing the January average rate of 0.8160 to the December average rate of 0.8163, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8183 was down 0.70% compared to the 2023 peak of 0.8241, 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 4,091 KWD
2023 Average 4,078 KWD
Yearly Trough Low 4,046 KWD
Transaction Impact: A difference of 45.31 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8174
0.8095
JanuMarcMayJulySeptNove

BHD to KWD 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 0.8157, compared to 0.8129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.8157
H2 Avg (Jul–Dec) 0.8129

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0055 KWD (High: 0.8170 / Low: 0.8115). On the other end, September was the most stable month, with a tight range of 0.0023 KWD (High: 0.8115 / Low: 0.8092).

November Spread (Volatile) ±0.0055
September Spread (Stable) ±0.0023

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 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.8168) against the same month in 2023 (average: 0.8134), the exchange rate shifted by +0.0034 (+0.42%).

2024 Avg (April) 0.8168
2023 Avg (April) 0.8134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8173 0.8146 0.8160
February 0.8178 0.8133 0.8167
March 0.8177 0.8148 0.8159
April 0.8183 0.8144 0.8168
May 0.8174 0.8138 0.8152
June 0.8147 0.8109 0.8136
July 0.8132 0.8105 0.8116
August 0.8126 0.8097 0.8113
September 0.8115 0.8092 0.8101
October 0.8137 0.8106 0.8130
November 0.8170 0.8115 0.8151
December 0.8182 0.8144 0.8163