YEARLY HIGH
56020.1004 SLL
YEARLY LOW
55310.9833 SLL
YEARLY AVERAGE
55645.0797 SLL

2024 BHD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 56020.1004. Conversely, the yearly low was recorded on February 4, dropping to 55310.9833.

This high-to-low spread represents a total annual volatility of 709.1171 SLL. From a start-to-finish perspective, comparing the January average rate of 55634.8799 to the December average rate of 55627.8792, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 56020.1004 was up 0.08% compared to the 2023 peak of 55972.6990, 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 280,100,502 SLL
2023 Average 253,241,841 SLL
Yearly Trough Low 276,554,917 SLL
Transaction Impact: A difference of 3,545,585.33 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55680.3423
55623.1099
JanuMarcMayJulySeptNove

BHD to SLL 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 55642.1855, compared to 55647.9740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7885 points.

H1 Avg (Jan–Jun) 55642.1855
H2 Avg (Jul–Dec) 55647.9740

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 535.1578 SLL (High: 55846.1411 / Low: 55310.9833). On the other end, October was the most stable month, with a tight range of 45.1844 SLL (High: 55667.7905 / Low: 55622.6061).

February Spread (Volatile) ±535.1578
October Spread (Stable) ±45.1844

Growth Streaks & Declines

Trends

Between January and March, 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 24.5572 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -24.5572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 55675.5730) against the same month in 2023 (average: 55614.6830), the exchange rate shifted by +60.8900 (+0.11%).

2024 Avg (August) 55675.5730
2023 Avg (August) 55614.6830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55787.8998 55490.8691 55634.8799
February 55846.1411 55310.9833 55636.6416
March 55819.9769 55620.6881 55652.7039
April 55768.0187 55381.9784 55628.1468
May 55846.8848 55584.4190 55653.2136
June 55748.2999 55343.6827 55647.5270
July 55757.9351 55593.5556 55646.9246
August 56020.1004 55603.5797 55675.5730
September 55734.9642 55577.0530 55657.3510
October 55667.7905 55622.6061 55637.8955
November 55871.5855 55379.0532 55642.2207
December 55798.2912 55552.9063 55627.8792