YEARLY HIGH
157.6977 PHP
YEARLY LOW
146.5978 PHP
YEARLY AVERAGE
152.0307 PHP

2024 BHD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 157.6977. Conversely, the yearly low was recorded on January 1, dropping to 146.5978.

This high-to-low spread represents a total annual volatility of 11.0999 PHP. From a start-to-finish perspective, comparing the January average rate of 148.4734 to the December average rate of 154.9933, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 157.6977 was up 3.80% compared to the 2023 peak of 151.9190, 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 788,488 PHP
2023 Average 737,959 PHP
Yearly Trough Low 732,989 PHP
Transaction Impact: A difference of 55,499.35 PHP purely based on transaction execution date.

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156.5221
147.6400
JanuMarcMayJulySeptNove

BHD to PHP 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 150.9897, compared to 153.0716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0820 points.

H1 Avg (Jan–Jun) 150.9897
H2 Avg (Jul–Dec) 153.0716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 6.0124 PHP (High: 155.2754 / Low: 149.2630). On the other end, June was the most stable month, with a tight range of 1.4445 PHP (High: 156.3815 / Low: 154.9370).

October Spread (Volatile) Âą6.0124
June Spread (Stable) Âą1.4445

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.8997 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 154.9933) against the same month in 2023 (average: 147.2443), the exchange rate shifted by +7.7490 (+5.26%).

2024 Avg (December) 154.9933
2023 Avg (December) 147.2443

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Month High Low Average
January 149.6285 146.5978 148.4734
February 149.5297 147.9679 148.6381
March 150.0745 146.8557 148.3802
April 153.4627 148.5656 151.3213
May 155.3827 151.3645 153.3431
June 156.3815 154.9370 155.7820
July 156.0180 154.3966 155.1767
August 154.7896 148.9802 151.2770
September 150.0094 147.4560 148.7310
October 155.2754 149.2630 152.5033
November 156.7091 154.3927 155.7485
December 157.6977 153.3363 154.9933