2024 BHD to TRY Historical Review

YEARLY HIGH

93.7991 TRY

YEARLY LOW

78.1985 TRY

YEARLY AVERAGE

87.2633 TRY

2024 BHD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 93.7991. Conversely, the yearly low was recorded on January 1, dropping to 78.1985.

This high-to-low spread represents a total annual volatility of 15.6006 TRY. From a start-to-finish perspective, comparing the January average rate of 79.8396 to the December average rate of 92.8573, the exchange rate registered a net change of 16.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 93.7991 was up 19.62% compared to the 2023 peak of 78.4123, 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 468,996 TRY

2023 Average 316,097 TRY

Yearly Trough Low 390,993 TRY

Transaction Impact: A difference of 78,003.03 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

94.1591

78.5379

JanuMarcMayJulySeptNove

BHD to TRY 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 84.1129, compared to 90.4137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3009 points.

H1 Avg (Jan–Jun) 84.1129

H2 Avg (Jul–Dec) 90.4137

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.8476 TRY (High: 86.1358 / Low: 83.2882). On the other end, October was the most stable month, with a tight range of 0.3774 TRY (High: 91.0313 / Low: 90.6538).

March Spread (Volatile) ±2.8476

October Spread (Stable) ±0.3774

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2072 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 92.8573) against the same month in 2023 (average: 77.1775), the exchange rate shifted by +15.6798 (+20.32%).

2024 Avg (December) 92.8573

2023 Avg (December) 77.1775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	80.5603	78.1985	79.8396
February	83.0450	80.6755	81.7401
March	86.1358	83.2882	85.0900
April	86.6704	84.7637	85.8506
May	86.1332	85.1874	85.6434
June	87.4338	85.4072	86.5135
July	88.0312	86.3610	87.3647
August	90.6057	88.0025	89.4788
September	90.7534	89.9895	90.4180
October	91.0313	90.6538	90.9040
November	92.0339	90.7657	91.4596
December	93.7991	92.1462	92.8573