2024 BHD to PKR Historical Review

YEARLY HIGH

748.1856 PKR

YEARLY LOW

733.6770 PKR

YEARLY AVERAGE

738.8485 PKR

2024 BHD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 748.1856. Conversely, the yearly low was recorded on February 10, dropping to 733.6770.

This high-to-low spread represents a total annual volatility of 14.5086 PKR. From a start-to-finish perspective, comparing the January average rate of 742.6668 to the December average rate of 737.7266, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 748.1856 was down 8.45% compared to the 2023 peak of 817.2158, 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 3,740,928 PKR

2023 Average 3,708,396 PKR

Yearly Trough Low 3,668,385 PKR

Transaction Impact: A difference of 72,543.20 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

743.2077

736.7160

JanuMarcMayJulySeptNove

BHD to PKR 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 739.5729, compared to 738.1241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4488 points.

H1 Avg (Jan–Jun) 739.5729

H2 Avg (Jul–Dec) 738.1241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 13.7505 PKR (High: 748.1856 / Low: 734.4351). On the other end, June was the most stable month, with a tight range of 2.3833 PKR (High: 739.9397 / Low: 737.5565).

January Spread (Volatile) ±13.7505

June Spread (Stable) ±2.3833

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 January and February, when the average rate fell by 2.4043 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.4043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 742.6668) against the same month in 2023 (average: 620.1178), the exchange rate shifted by +122.5490 (+19.76%).

2024 Avg (January) 742.6668

2023 Avg (January) 620.1178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	748.1856	734.4351	742.6668
February	743.7180	733.6770	740.2624
March	741.6259	737.1255	739.4748
April	739.2554	733.8495	737.6435
May	740.2780	736.5286	738.4523
June	739.9397	737.5565	738.9375
July	739.8416	737.1195	738.5454
August	741.0026	735.3495	739.1817
September	740.6170	736.8410	738.5734
October	739.7070	736.2518	737.2570
November	739.7409	735.6609	737.4605
December	739.6957	735.6331	737.7266