YEARLY HIGH
859.5126 LKR
YEARLY LOW
768.6090 LKR
YEARLY AVERAGE
800.9788 LKR

2024 BHD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 859.5126. Conversely, the yearly low was recorded on December 11, dropping to 768.6090.

This high-to-low spread represents a total annual volatility of 90.9036 LKR. From a start-to-finish perspective, comparing the January average rate of 851.7033 to the December average rate of 773.8331, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 859.5126 was down 12.33% compared to the 2023 peak of 980.3775, 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 4,297,563 LKR
2023 Average 4,357,732 LKR
Yearly Trough Low 3,843,045 LKR
Transaction Impact: A difference of 454,517.79 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

859.4904
766.0461
JanuMarcMayJulySeptNove

BHD to LKR 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 813.9722, compared to 787.9854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.9868 points.

H1 Avg (Jan–Jun) 813.9722
H2 Avg (Jul–Dec) 787.9854

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 26.0743 LKR (High: 822.7776 / Low: 796.7033). On the other end, October was the most stable month, with a tight range of 6.1728 LKR (High: 782.8868 / Low: 776.7140).

March Spread (Volatile) ±26.0743
October Spread (Stable) ±6.1728

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 23.0358 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -23.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 851.7033) against the same month in 2023 (average: 970.2593), the exchange rate shifted by -118.5560 (-12.22%).

2024 Avg (January) 851.7033
2023 Avg (January) 970.2593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 859.5126 836.9264 851.7033
February 836.7466 821.3911 828.6675
March 822.7776 796.7033 809.3820
April 801.2290 785.2373 793.1625
May 802.3049 786.9187 794.2708
June 812.9594 798.9259 806.6471
July 811.1317 802.0950 805.5808
August 804.4725 790.2691 796.4899
September 809.7009 785.7622 798.5269
October 782.8868 776.7140 778.8298
November 779.5786 769.5918 774.6517
December 786.0779 768.6090 773.8331