2024 BHD to PEN Historical Review

YEARLY HIGH

10.2912 PEN

YEARLY LOW

9.7383 PEN

YEARLY AVERAGE

9.9592 PEN

2024 BHD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 10.2912. Conversely, the yearly low was recorded on April 8, dropping to 9.7383.

This high-to-low spread represents a total annual volatility of 0.5528 PEN. From a start-to-finish perspective, comparing the January average rate of 9.8996 to the December average rate of 9.8994, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.2912 was down 0.56% compared to the 2023 peak of 10.3493, 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 51,456 PEN

2023 Average 49,621 PEN

Yearly Trough Low 48,692 PEN

Transaction Impact: A difference of 2,764.23 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.1887

9.8268

JanuMarcMayJulySeptNove

BHD to PEN 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 9.9528, compared to 9.9655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 9.9528

H2 Avg (Jul–Dec) 9.9655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.3485 PEN (High: 10.2012 / Low: 9.8527). On the other end, December was the most stable month, with a tight range of 0.1307 PEN (High: 9.9663 / Low: 9.8356).

July Spread (Volatile) ±0.3485

December Spread (Stable) ±0.1307

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2991 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 10.1586) against the same month in 2023 (average: 10.1888), the exchange rate shifted by -0.0302 (-0.30%).

2024 Avg (February) 10.1586

2023 Avg (February) 10.1888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1162	9.7886	9.8996
February	10.2912	10.0327	10.1586
March	10.0424	9.7414	9.8595
April	9.9978	9.7383	9.8570
May	9.9827	9.7894	9.9029
June	10.1854	9.8980	10.0393
July	10.2012	9.8527	9.9879
August	9.9796	9.8485	9.9166
September	10.1307	9.8587	10.0047
October	10.0123	9.8335	9.9520
November	10.1144	9.9202	10.0324
December	9.9663	9.8356	9.8994