YEARLY HIGH
363.3313 NPR
YEARLY LOW
349.6606 NPR
YEARLY AVERAGE
355.1632 NPR

2024 BHD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 363.3313. Conversely, the yearly low was recorded on March 7, dropping to 349.6606.

This high-to-low spread represents a total annual volatility of 13.6707 NPR. From a start-to-finish perspective, comparing the January average rate of 352.7566 to the December average rate of 360.4818, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 363.3313 was up 2.37% compared to the 2023 peak of 354.9205, 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 1,816,657 NPR
2023 Average 1,752,446 NPR
Yearly Trough Low 1,748,303 NPR
Transaction Impact: A difference of 68,353.43 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

361.2934
351.5551
JanuMarcMayJulySeptNove

BHD to NPR 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 353.2702, compared to 357.0563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7861 points.

H1 Avg (Jan–Jun) 353.2702
H2 Avg (Jul–Dec) 357.0563

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 5.3511 NPR (High: 356.7549 / Low: 351.4038). On the other end, July was the most stable month, with a tight range of 1.5601 NPR (High: 355.5837 / Low: 354.0236).

January Spread (Volatile) ±5.3511
July Spread (Stable) ±1.5601

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3764 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 360.4818) against the same month in 2023 (average: 353.5607), the exchange rate shifted by +6.9211 (+1.96%).

2024 Avg (December) 360.4818
2023 Avg (December) 353.5607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 356.7549 351.4038 352.7566
February 354.3068 351.2786 352.3801
March 354.6095 349.6606 352.3666
April 354.8344 352.0981 353.7640
May 356.1005 352.5722 353.9733
June 355.3933 352.7740 354.3802
July 355.5837 354.0236 354.8261
August 357.0027 353.7463 356.0782
September 357.3624 354.4542 355.9510
October 357.8827 355.5156 356.9270
November 359.2730 356.6255 358.0736
December 363.3313 358.8482 360.4818