YEARLY HIGH
12.7525 RON
YEARLY LOW
11.7976 RON
YEARLY AVERAGE
12.2041 RON

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 63,762 RON
2023 Average 60,691 RON
Yearly Trough Low 58,988 RON
Transaction Impact: A difference of 4,774.50 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.6741
11.8146
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 12.2105
H2 Avg (Jul–Dec) 12.1977

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±0.6105
September Spread (Stable) ±0.1898

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1708

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 12.6025
2023 Avg (December) 12.0712

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