2024 BHD to SVC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BHD to SVC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BHD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 23.3237. Conversely, the yearly low was recorded on August 25, dropping to 23.0620.
This high-to-low spread represents a total annual volatility of 0.2617 SVC. From a start-to-finish perspective, comparing the January average rate of 23.2111 to the December average rate of 23.2050, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 23.3237 was down 0.70% compared to the 2023 peak of 23.4872, 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 SVC 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 23.2120, compared to 23.2187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.2233 SVC (High: 23.2852 / Low: 23.0620). On the other end, July was the most stable month, with a tight range of 0.0534 SVC (High: 23.2350 / Low: 23.1816).
Growth Streaks & Declines
TrendsBetween April and June, 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 November and December, when the average rate fell by 0.0170 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 23.2314) against the same month in 2023 (average: 23.1938), the exchange rate shifted by +0.0376 (+0.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.2474 | 23.1727 | 23.2111 |
| February | 23.3048 | 23.1677 | 23.2195 |
| March | 23.2787 | 23.1123 | 23.2085 |
| April | 23.2374 | 23.1001 | 23.1977 |
| May | 23.2571 | 23.1635 | 23.2148 |
| June | 23.2646 | 23.1816 | 23.2203 |
| July | 23.2350 | 23.1816 | 23.2152 |
| August | 23.2852 | 23.0620 | 23.2106 |
| September | 23.2761 | 23.1585 | 23.2281 |
| October | 23.3237 | 23.1966 | 23.2314 |
| November | 23.3123 | 23.1141 | 23.2220 |
| December | 23.2530 | 23.1256 | 23.2050 |