2024 BHD to SBD Historical Review

YEARLY HIGH

23.2057 SBD

YEARLY LOW

21.9272 SBD

YEARLY AVERAGE

22.3528 SBD

2024 BHD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 23.2057. Conversely, the yearly low was recorded on October 14, dropping to 21.9272.

This high-to-low spread represents a total annual volatility of 1.2785 SBD. From a start-to-finish perspective, comparing the January average rate of 22.3414 to the December average rate of 22.2285, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.2057 was up 2.72% compared to the 2023 peak of 22.5912, 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 116,029 SBD

2023 Average 110,739 SBD

Yearly Trough Low 109,636 SBD

Transaction Impact: A difference of 6,392.71 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.5674

21.9937

JanuMarcMayJulySeptNove

BHD to SBD 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 22.4510, compared to 22.2545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1965 points.

H1 Avg (Jan–Jun) 22.4510

H2 Avg (Jul–Dec) 22.2545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.9084 SBD (High: 23.2057 / Low: 22.2973). On the other end, May was the most stable month, with a tight range of 0.1191 SBD (High: 22.5865 / Low: 22.4674).

March Spread (Volatile) ±0.9084

May Spread (Stable) ±0.1191

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3757 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 22.4686) against the same month in 2023 (average: 21.8503), the exchange rate shifted by +0.6183 (+2.83%).

2024 Avg (March) 22.4686

2023 Avg (March) 21.8503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.4525	22.1541	22.3414
February	22.5887	22.2250	22.4283
March	23.2057	22.2973	22.4686
April	22.6743	22.3856	22.4929
May	22.5865	22.4674	22.5195
June	22.5699	22.3874	22.4552
July	22.4965	22.2992	22.4225
August	22.6869	22.3012	22.5127
September	22.5135	21.9990	22.1370
October	22.1652	21.9272	22.0415
November	22.2819	22.0211	22.1849
December	22.3080	22.1073	22.2285