YEARLY HIGH
21287.3584 PYG
YEARLY LOW
19234.3456 PYG
YEARLY AVERAGE
20056.7292 PYG

2024 BHD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 21287.3584. Conversely, the yearly low was recorded on January 8, dropping to 19234.3456.

This high-to-low spread represents a total annual volatility of 2053.0128 PYG. From a start-to-finish perspective, comparing the January average rate of 19319.9415 to the December average rate of 20708.9966, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21287.3584 was up 7.41% compared to the 2023 peak of 19819.4986, 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 106,436,792 PYG
2023 Average 96,696,570 PYG
Yearly Trough Low 96,171,728 PYG
Transaction Impact: A difference of 10,265,063.94 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21044.4842
19163.1649
JanuMarcMayJulySeptNove

BHD to PYG 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 19595.3526, compared to 20518.1058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 922.7531 points.

H1 Avg (Jan–Jun) 19595.3526
H2 Avg (Jul–Dec) 20518.1058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 627.6451 PYG (High: 21287.3584 / Low: 20659.7133). On the other end, June was the most stable month, with a tight range of 94.9028 PYG (High: 20028.3479 / Low: 19933.4451).

October Spread (Volatile) ±627.6451
June Spread (Stable) ±94.9028

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 134.5956 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -134.5956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 20887.7076) against the same month in 2023 (average: 19553.2537), the exchange rate shifted by +1334.4540 (+6.82%).

2024 Avg (October) 20887.7076
2023 Avg (October) 19553.2537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19383.0883 19234.3456 19319.9415
February 19422.7516 19271.0784 19329.4337
March 19611.8214 19309.6980 19412.4079
April 19832.9227 19485.2393 19621.8929
May 20018.6520 19796.3669 19906.3218
June 20028.3479 19933.4451 19982.1178
July 20122.5032 19963.2208 20033.5513
August 20425.2741 20018.5652 20126.0023
September 20746.7205 20360.0075 20599.2648
October 21287.3584 20659.7133 20887.7076
November 21023.4439 20583.8707 20753.1120
December 20790.9475 20615.4389 20708.9966