2024 BHD to MZN Historical Review

YEARLY HIGH

170.5755 MZN

YEARLY LOW

163.1386 MZN

YEARLY AVERAGE

169.5290 MZN

2024 BHD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 170.5755. Conversely, the yearly low was recorded on January 22, dropping to 163.1386.

This high-to-low spread represents a total annual volatility of 7.4370 MZN. From a start-to-finish perspective, comparing the January average rate of 169.2535 to the December average rate of 169.4043, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 170.5755 was down 0.71% compared to the 2023 peak of 171.7890, 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 852,878 MZN

2023 Average 847,461 MZN

Yearly Trough Low 815,693 MZN

Transaction Impact: A difference of 37,184.85 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

169.7255

169.2106

JanuMarcMayJulySeptNove

BHD to MZN 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 169.5233, compared to 169.5347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 169.5233

H2 Avg (Jul–Dec) 169.5347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 6.8629 MZN (High: 170.0015 / Low: 163.1386). On the other end, October was the most stable month, with a tight range of 0.2703 MZN (High: 169.6355 / Low: 169.3652).

January Spread (Volatile) ±6.8629

October Spread (Stable) ±0.2703

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.1731 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1731

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 169.6369) against the same month in 2023 (average: 169.3510), the exchange rate shifted by +0.2859 (+0.17%).

2024 Avg (August) 169.6369

2023 Avg (August) 169.3510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	170.0015	163.1386	169.2535
February	170.1790	168.4822	169.4903
March	170.2324	169.3908	169.5831
April	170.4728	168.8966	169.6826
May	170.1946	169.1959	169.5825
June	169.8808	168.7138	169.5481
July	169.7773	169.3607	169.5407
August	170.5755	169.4398	169.6369
September	169.7288	169.2927	169.5289
October	169.6355	169.3652	169.5200
November	170.2832	168.7556	169.5775
December	169.8469	169.1076	169.4043