2024 BHD to SHP Historical Review

YEARLY HIGH

2.1479 SHP

YEARLY LOW

1.9761 SHP

YEARLY AVERAGE

2.0769 SHP

2024 BHD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 2.1479. Conversely, the yearly low was recorded on September 24, dropping to 1.9761.

This high-to-low spread represents a total annual volatility of 0.1718 SHP. From a start-to-finish perspective, comparing the January average rate of 2.0877 to the December average rate of 2.0998, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1479 was down 4.24% compared to the 2023 peak of 2.2431, 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 10,740 SHP

2023 Average 10,671 SHP

Yearly Trough Low 9,881 SHP

Transaction Impact: A difference of 858.93 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1320

1.9965

JanuMarcMayJulySeptNove

BHD to SHP 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 2.0977, compared to 2.0561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0417 points.

H1 Avg (Jan–Jun) 2.0977

H2 Avg (Jul–Dec) 2.0561

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0905 SHP (High: 2.0924 / Low: 2.0020). On the other end, January was the most stable month, with a tight range of 0.0262 SHP (High: 2.1022 / Low: 2.0760).

August Spread (Volatile) ±0.0905

January Spread (Stable) ±0.0262

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 August and September, when the average rate fell by 0.0434 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.1207) against the same month in 2023 (average: 2.1330), the exchange rate shifted by -0.0123 (-0.58%).

2024 Avg (April) 2.1207

2023 Avg (April) 2.1330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1022	2.0760	2.0877
February	2.1168	2.0810	2.1005
March	2.1131	2.0639	2.0886
April	2.1479	2.0926	2.1207
May	2.1231	2.0771	2.1004
June	2.1019	2.0716	2.0885
July	2.0982	2.0396	2.0620
August	2.0924	2.0020	2.0512
September	2.0353	1.9761	2.0078
October	2.0572	1.9987	2.0340
November	2.1180	2.0343	2.0816
December	2.1218	2.0747	2.0998