2024 BHD to RON Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to RON Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 12.7525. Conversely, the yearly low was recorded on September 24, dropping to 11.7976.
This high-to-low spread represents a total annual volatility of 0.9549 RON. From a start-to-finish perspective, comparing the January average rate of 12.0990 to the December average rate of 12.6025, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 12.7525 was up 1.16% compared to the 2023 peak of 12.6062, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BHD to RON Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.2105, compared to 12.1977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.6105 RON (High: 12.6833 / Low: 12.0728). On the other end, September was the most stable month, with a tight range of 0.1898 RON (High: 11.9873 / Low: 11.7976).
Growth Streaks & Declines
TrendsBetween September and December, 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 0.1708 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 12.6025) against the same month in 2023 (average: 12.0712), the exchange rate shifted by +0.5313 (+4.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.2184 | 11.9209 | 12.0990 |
| February | 12.3314 | 12.1272 | 12.2286 |
| March | 12.2410 | 12.0391 | 12.1393 |
| April | 12.4302 | 12.1328 | 12.3082 |
| May | 12.3150 | 12.1181 | 12.2137 |
| June | 12.3664 | 12.1062 | 12.2739 |
| July | 12.2983 | 12.0546 | 12.1602 |
| August | 12.2373 | 11.7976 | 11.9894 |
| September | 11.9873 | 11.7976 | 11.8862 |
| October | 12.2392 | 11.9314 | 12.1158 |
| November | 12.6833 | 12.0728 | 12.4320 |
| December | 12.7525 | 12.4589 | 12.6025 |