2024 BHD to MMK Historical Review

YEARLY HIGH

8621.3306 MMK

YEARLY LOW

5536.9811 MMK

YEARLY AVERAGE

5628.4376 MMK

2024 BHD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 8621.3306. Conversely, the yearly low was recorded on June 9, dropping to 5536.9811.

This high-to-low spread represents a total annual volatility of 3084.3494 MMK. From a start-to-finish perspective, comparing the January average rate of 5570.5002 to the December average rate of 5565.5734, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 8621.3306 was up 52.94% compared to the 2023 peak of 5636.9635, 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 43,106,653 MMK

2023 Average 27,851,541 MMK

Yearly Trough Low 27,684,906 MMK

Transaction Impact: A difference of 15,421,747.17 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6088.2799

5518.0546

JanuMarcMayJulySeptNove

BHD to MMK 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 5610.4109, compared to 5646.4642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.0533 points.

H1 Avg (Jan–Jun) 5610.4109

H2 Avg (Jul–Dec) 5646.4642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 3055.7828 MMK (High: 8621.3306 / Low: 5565.5477). On the other end, October was the most stable month, with a tight range of 4.5207 MMK (High: 5569.5665 / Low: 5565.0458).

July Spread (Volatile) ±3055.7828

October Spread (Stable) ±4.5207

Growth Streaks & Declines

Trends

Between April and July, 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 470.4160 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -470.4160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 6040.7611) against the same month in 2023 (average: 5568.6553), the exchange rate shifted by +472.1058 (+8.48%).

2024 Avg (July) 6040.7611

2023 Avg (July) 5568.6553

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5579.2613	5561.5774	5570.5002
February	5593.0411	5560.3825	5572.6973
March	5586.6466	5547.0610	5570.2728
April	5588.9395	5543.8786	5568.6229
May	5581.5697	5559.4754	5571.6081
June	6591.8833	5536.9811	5808.7640
July	8621.3306	5565.5477	6040.7611
August	5604.8151	5563.1422	5570.3451
September	5576.2872	5560.4882	5568.5220
October	5569.5665	5565.0458	5566.5755
November	5589.9562	5540.6783	5567.0082
December	5582.6231	5558.0723	5565.5734