2024 BHD to MXN Historical Review

YEARLY HIGH

55.3502 MXN

YEARLY LOW

43.3139 MXN

YEARLY AVERAGE

48.6110 MXN

2024 BHD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 55.3502. Conversely, the yearly low was recorded on April 8, dropping to 43.3139.

This high-to-low spread represents a total annual volatility of 12.0363 MXN. From a start-to-finish perspective, comparing the January average rate of 45.2558 to the December average rate of 53.7279, the exchange rate registered a net change of 18.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 55.3502 was up 6.93% compared to the 2023 peak of 51.7616, 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 276,751 MXN

2023 Average 235,286 MXN

Yearly Trough Low 216,570 MXN

Transaction Impact: A difference of 60,181.34 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

54.8683

43.5612

JanuMarcMayJulySeptNove

BHD to MXN 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 45.4252, compared to 51.7968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3716 points.

H1 Avg (Jan–Jun) 45.4252

H2 Avg (Jul–Dec) 51.7968

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 4.6674 MXN (High: 49.7759 / Low: 45.1085). On the other end, February was the most stable month, with a tight range of 0.4422 MXN (High: 45.6514 / Low: 45.2092).

June Spread (Volatile) ±4.6674

February Spread (Stable) ±0.4422

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8408 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 53.7279) against the same month in 2023 (average: 45.5271), the exchange rate shifted by +8.2008 (+18.01%).

2024 Avg (December) 53.7279

2023 Avg (December) 45.5271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.9195	44.6616	45.2558
February	45.6514	45.2092	45.3443
March	45.2505	43.9281	44.5034
April	45.6514	43.3139	44.5987
May	45.1901	43.9263	44.5833
June	49.7759	45.1085	48.2658
July	49.8033	46.7895	48.0445
August	52.6736	49.4552	50.8560
September	53.3240	50.7561	52.0175
October	53.5045	51.1474	52.2091
November	54.8263	52.5380	53.9260
December	55.3502	53.2419	53.7279