2024 BHD to LAK Historical Review

YEARLY HIGH

58935.6793 LAK

YEARLY LOW

54437.6079 LAK

YEARLY AVERAGE

57275.4603 LAK

2024 BHD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 58935.6793. Conversely, the yearly low was recorded on January 6, dropping to 54437.6079.

This high-to-low spread represents a total annual volatility of 4498.0714 LAK. From a start-to-finish perspective, comparing the January average rate of 54782.2441 to the December average rate of 58070.3215, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 58935.6793 was up 7.03% compared to the 2023 peak of 55064.7150, 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 294,678,396 LAK

2023 Average 248,079,434 LAK

Yearly Trough Low 272,188,039 LAK

Transaction Impact: A difference of 22,490,356.87 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59140.1557

54386.0703

JanuMarcMayJulySeptNove

BHD to LAK 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 56088.2061, compared to 58462.7145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2374.5084 points.

H1 Avg (Jan–Jun) 56088.2061

H2 Avg (Jul–Dec) 58462.7145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1578.7985 LAK (High: 58630.5809 / Low: 57051.7824). On the other end, July was the most stable month, with a tight range of 351.9332 LAK (High: 58869.3706 / Low: 58517.4374).

June Spread (Volatile) ±1578.7985

July Spread (Stable) ±351.9332

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 325.7914 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -325.7914

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 58730.6548) against the same month in 2023 (average: 51564.6479), the exchange rate shifted by +7166.0070 (+13.90%).

2024 Avg (August) 58730.6548

2023 Avg (August) 51564.6479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55032.1066	54437.6079	54782.2441
February	55542.4883	55013.8463	55308.7550
March	56003.3746	55120.3827	55530.9175
April	56818.9710	55741.4753	56355.0542
May	57088.1440	56439.9280	56684.6524
June	58630.5809	57051.7824	57867.6134
July	58869.3706	58517.4374	58743.9819
August	58935.6793	58300.3802	58730.6548
September	58901.6566	58541.5824	58661.2757
October	58861.9218	58033.2172	58335.4844
November	58542.7050	58036.2883	58234.5684
December	58236.5241	57847.2521	58070.3215