YEARLY HIGH
34597.3620 SYP
YEARLY LOW
6627.2684 SYP
YEARLY AVERAGE
7490.2603 SYP

2024 BHD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 34597.3620. Conversely, the yearly low was recorded on February 4, dropping to 6627.2684.

This high-to-low spread represents a total annual volatility of 27970.0935 SYP. From a start-to-finish perspective, comparing the January average rate of 6666.0772 to the December average rate of 16540.7711, the exchange rate registered a net change of 148.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 34597.3620 was up 412.20% compared to the 2023 peak of 6754.6940, 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 172,986,810 SYP
2023 Average 33,337,567 SYP
Yearly Trough Low 33,136,342 SYP
Transaction Impact: A difference of 139,850,467.73 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17528.3212
5677.7203
JanuMarcMayJulySeptNove

BHD to SYP 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 6666.9525, compared to 8313.5682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1646.6157 points.

H1 Avg (Jan–Jun) 6666.9525
H2 Avg (Jul–Dec) 8313.5682

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 27941.1067 SYP (High: 34597.3620 / Low: 6656.2552). On the other end, October was the most stable month, with a tight range of 5.4139 SYP (High: 6670.0204 / Low: 6664.6065).

December Spread (Volatile) ±27941.1067
October Spread (Stable) ±5.4139

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 2.9424 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.9424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16540.7711) against the same month in 2023 (average: 6663.4756), the exchange rate shifted by +9877.2956 (+148.23%).

2024 Avg (December) 16540.7711
2023 Avg (December) 6663.4756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6684.4117 6648.8220 6666.0772
February 6691.3901 6627.2684 6666.2882
March 6688.2552 6664.3767 6668.2128
April 6682.0296 6635.7749 6665.2704
May 6691.4792 6660.0310 6668.2739
June 6679.6669 6631.1864 6667.5925
July 6680.8214 6661.1257 6667.5203
August 6712.2336 6662.3268 6670.9529
September 6678.0691 6659.1484 6668.7696
October 6670.0204 6664.6065 6666.4385
November 6694.4388 6635.4244 6666.9567
December 34597.3620 6656.2552 16540.7711