YEARLY HIGH
1606.9096 SDG
YEARLY LOW
1513.0820 SDG
YEARLY AVERAGE
1587.0535 SDG

2024 BHD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1606.9096. Conversely, the yearly low was recorded on May 1, dropping to 1513.0820.

This high-to-low spread represents a total annual volatility of 93.8276 SDG. From a start-to-finish perspective, comparing the January average rate of 1594.5331 to the December average rate of 1595.6589, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1606.9096 was down 0.01% compared to the 2023 peak of 1607.0533, 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 8,034,548 SDG
2023 Average 7,912,625 SDG
Yearly Trough Low 7,565,410 SDG
Transaction Impact: A difference of 469,137.92 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1601.1472
1551.7043
JanuMarcMayJulySeptNove

BHD to SDG 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 1580.8604, compared to 1593.2466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.3862 points.

H1 Avg (Jan–Jun) 1580.8604
H2 Avg (Jul–Dec) 1593.2466

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 87.5274 SDG (High: 1600.6094 / Low: 1513.0820). On the other end, October was the most stable month, with a tight range of 1.2961 SDG (High: 1596.8037 / Low: 1595.5076).

May Spread (Volatile) ±87.5274
October Spread (Stable) ±1.2961

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 19.9146 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -19.9146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1597.0270) against the same month in 2023 (average: 1594.8524), the exchange rate shifted by +2.1746 (+0.14%).

2024 Avg (August) 1597.0270
2023 Avg (August) 1594.8524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1598.9188 1590.4057 1594.5331
February 1600.5880 1583.9312 1594.3552
March 1598.6083 1553.5408 1575.7391
April 1585.9643 1550.7117 1555.8245
May 1600.6094 1513.0820 1589.7108
June 1597.7838 1546.5985 1574.9997
July 1598.0600 1554.5333 1578.2729
August 1606.9096 1594.9619 1597.0270
September 1598.7306 1594.2010 1596.5043
October 1596.8037 1595.5076 1595.9462
November 1602.6495 1588.5214 1596.0703
December 1600.5471 1593.5083 1595.6589