YEARLY HIGH
668.8112 YER
YEARLY LOW
659.7710 YER
YEARLY AVERAGE
664.1434 YER

2024 BHD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 668.8112. Conversely, the yearly low was recorded on November 10, dropping to 659.7710.

This high-to-low spread represents a total annual volatility of 9.0401 YER. From a start-to-finish perspective, comparing the January average rate of 664.1953 to the December average rate of 663.3872, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 668.8112 was down 0.61% compared to the 2023 peak of 672.9072, 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 3,344,056 YER
2023 Average 3,321,370 YER
Yearly Trough Low 3,298,855 YER
Transaction Impact: A difference of 45,200.75 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

664.8259
663.0062
JanuMarcMayJulySeptNove

BHD to YER 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 664.2484, compared to 664.0385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2098 points.

H1 Avg (Jan–Jun) 664.2484
H2 Avg (Jul–Dec) 664.0385

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 7.2671 YER (High: 667.0381 / Low: 659.7710). On the other end, October was the most stable month, with a tight range of 0.4484 YER (High: 664.4729 / Low: 664.0245).

November Spread (Volatile) ±7.2671
October Spread (Stable) ±0.4484

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0768 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0768

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 664.6743) against the same month in 2023 (average: 663.8617), the exchange rate shifted by +0.8126 (+0.12%).

2024 Avg (August) 664.6743
2023 Avg (August) 663.8617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 666.1718 662.1751 664.1953
February 666.8006 660.3449 664.0843
March 666.5548 664.0332 664.4515
April 665.7349 661.3246 664.1835
May 665.5442 662.7516 664.1587
June 665.6991 660.9334 664.4169
July 665.6145 663.7849 664.3478
August 668.8112 662.9488 664.6743
September 665.2154 663.5215 664.4296
October 664.4729 664.0245 664.2346
November 667.0381 659.7710 663.1578
December 665.2003 661.9442 663.3872