2024 BHD to PHP Historical Review

YEARLY HIGH

157.6977 PHP

YEARLY LOW

146.5978 PHP

YEARLY AVERAGE

152.0307 PHP

2024 BHD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 157.6977. Conversely, the yearly low was recorded on January 1, dropping to 146.5978.

This high-to-low spread represents a total annual volatility of 11.0999 PHP. From a start-to-finish perspective, comparing the January average rate of 148.4734 to the December average rate of 154.9933, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 157.6977 was up 3.80% compared to the 2023 peak of 151.9190, 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 788,488 PHP

2023 Average 737,959 PHP

Yearly Trough Low 732,989 PHP

Transaction Impact: A difference of 55,499.35 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

156.5221

147.6400

JanuMarcMayJulySeptNove

BHD to PHP 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 150.9897, compared to 153.0716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0820 points.

H1 Avg (Jan–Jun) 150.9897

H2 Avg (Jul–Dec) 153.0716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 6.0124 PHP (High: 155.2754 / Low: 149.2630). On the other end, June was the most stable month, with a tight range of 1.4445 PHP (High: 156.3815 / Low: 154.9370).

October Spread (Volatile) ±6.0124

June Spread (Stable) ±1.4445

Growth Streaks & Declines

Trends

Between March and June, 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 3.8997 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.8997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 154.9933) against the same month in 2023 (average: 147.2443), the exchange rate shifted by +7.7490 (+5.26%).

2024 Avg (December) 154.9933

2023 Avg (December) 147.2443

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	149.6285	146.5978	148.4734
February	149.5297	147.9679	148.6381
March	150.0745	146.8557	148.3802
April	153.4627	148.5656	151.3213
May	155.3827	151.3645	153.3431
June	156.3815	154.9370	155.7820
July	156.0180	154.3966	155.1767
August	154.7896	148.9802	151.2770
September	150.0094	147.4560	148.7310
October	155.2754	149.2630	152.5033
November	156.7091	154.3927	155.7485
December	157.6977	153.3363	154.9933