2024 BHD to MYR Historical Review

YEARLY HIGH

12.7304 MYR

YEARLY LOW

10.9405 MYR

YEARLY AVERAGE

12.1415 MYR

2024 BHD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 12.7304. Conversely, the yearly low was recorded on September 30, dropping to 10.9405.

This high-to-low spread represents a total annual volatility of 1.7899 MYR. From a start-to-finish perspective, comparing the January average rate of 12.4230 to the December average rate of 11.8345, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.7304 was up 0.20% compared to the 2023 peak of 12.7049, 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 63,652 MYR

2023 Average 60,510 MYR

Yearly Trough Low 54,703 MYR

Transaction Impact: A difference of 8,949.38 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.7807

11.1713

JanuMarcMayJulySeptNove

BHD to MYR 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 12.5418, compared to 11.7412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8006 points.

H1 Avg (Jan–Jun) 12.5418

H2 Avg (Jul–Dec) 11.7412

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6803 MYR (High: 12.1222 / Low: 11.4418). On the other end, June was the most stable month, with a tight range of 0.1619 MYR (High: 12.5427 / Low: 12.3807).

August Spread (Volatile) ±0.6803

June Spread (Stable) ±0.1619

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 July and August, when the average rate fell by 0.7027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 12.6466) against the same month in 2023 (average: 11.5902), the exchange rate shifted by +1.0564 (+9.11%).

2024 Avg (February) 12.6466

2023 Avg (February) 11.5902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5515	12.1596	12.4230
February	12.7304	12.4433	12.6466
March	12.6226	12.4094	12.5217
April	12.7184	12.4910	12.6407
May	12.6576	12.4278	12.5186
June	12.5427	12.3807	12.5004
July	12.5183	12.1895	12.4235
August	12.1222	11.4418	11.7208
September	11.5894	10.9405	11.3054
October	11.6178	11.0490	11.4017
November	11.8910	11.5156	11.7615
December	11.9955	11.7131	11.8345