2024 BMD to BHD Historical Review

YEARLY HIGH

0.3791 BHD

YEARLY LOW

0.3743 BHD

YEARLY AVERAGE

0.3768 BHD

2024 BMD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.3791. Conversely, the yearly low was recorded on August 4, dropping to 0.3743.

This high-to-low spread represents a total annual volatility of 0.0048 BHD. From a start-to-finish perspective, comparing the January average rate of 0.3769 to the December average rate of 0.3770, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3791 was up 0.13% compared to the 2023 peak of 0.3786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BMD based on timing:

Yearly Peak High 1,896 BHD

2023 Average 1,884 BHD

Yearly Trough Low 1,872 BHD

Transaction Impact: A difference of 24.00 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3770

0.3766

JanuMarcMayJulySeptNove

BMD to BHD 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 0.3769, compared to 0.3768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.3769

H2 Avg (Jul–Dec) 0.3768

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0036 BHD (High: 0.3791 / Low: 0.3755). On the other end, October was the most stable month, with a tight range of 0.0003 BHD (High: 0.3770 / Low: 0.3767).

February Spread (Volatile) ±0.0036

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3769) against the same month in 2023 (average: 0.3767), the exchange rate shifted by +0.0002 (+0.07%).

2024 Avg (February) 0.3769

2023 Avg (February) 0.3767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3779	0.3759	0.3769
February	0.3791	0.3755	0.3769
March	0.3770	0.3757	0.3768
April	0.3786	0.3760	0.3770
May	0.3773	0.3755	0.3768
June	0.3789	0.3761	0.3768
July	0.3772	0.3761	0.3768
August	0.3771	0.3743	0.3766
September	0.3773	0.3762	0.3768
October	0.3770	0.3767	0.3769
November	0.3787	0.3753	0.3769
December	0.3775	0.3758	0.3770