2024 BHD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1526.7089. Conversely, the yearly low was recorded on August 3, dropping to 1503.7675.
This high-to-low spread represents a total annual volatility of 22.9414 SOS. From a start-to-finish perspective, comparing the January average rate of 1515.5899 to the December average rate of 1515.6304, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1526.7089 was down 0.01% compared to the 2023 peak of 1526.9076, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BHD to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1516.0355, compared to 1516.0810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0455 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 16.8854 SOS (High: 1520.6529 / Low: 1503.7675). On the other end, July was the most stable month, with a tight range of 4.1583 SOS (High: 1517.4063 / Low: 1513.2480).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1977 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 1516.8966) against the same month in 2023 (average: 1509.7761), the exchange rate shifted by +7.1205 (+0.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1518.2915 | 1510.0013 | 1515.5899 |
| February | 1526.7089 | 1513.2923 | 1516.8966 |
| March | 1520.4364 | 1509.5191 | 1516.1827 |
| April | 1520.9633 | 1509.0089 | 1515.6232 |
| May | 1518.9291 | 1511.1002 | 1515.6197 |
| June | 1526.3693 | 1512.9194 | 1516.3011 |
| July | 1517.4063 | 1513.2480 | 1515.7748 |
| August | 1520.6529 | 1503.7675 | 1514.7901 |
| September | 1524.5311 | 1512.6931 | 1516.7712 |
| October | 1523.3268 | 1514.7054 | 1516.6915 |
| November | 1525.4943 | 1513.3593 | 1516.8281 |
| December | 1518.8237 | 1510.4283 | 1515.6304 |