YEARLY HIGH
0.2943 BHD
YEARLY LOW
0.2761 BHD
YEARLY AVERAGE
0.2821 BHD

2024 BND to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2943. Conversely, the yearly low was recorded on April 27, dropping to 0.2761.

This high-to-low spread represents a total annual volatility of 0.0182 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2823 to the December average rate of 0.2792, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2943 was up 1.95% compared to the 2023 peak of 0.2886, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,471 BHD
2023 Average 1,404 BHD
Yearly Trough Low 1,380 BHD
Transaction Impact: A difference of 90.96 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2919
0.2767
JanuMarcMayJulySeptNove

BND 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 0.2799, compared to 0.2843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.2799
H2 Avg (Jul–Dec) 0.2843

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0087 BHD (High: 0.2930 / Low: 0.2843). On the other end, June was the most stable month, with a tight range of 0.0029 BHD (High: 0.2805 / Low: 0.2777).

October Spread (Volatile) ±0.0087
June Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2906) against the same month in 2023 (average: 0.2767), the exchange rate shifted by +0.0140 (+5.05%).

2024 Avg (September) 0.2906
2023 Avg (September) 0.2767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2856 0.2805 0.2823
February 0.2823 0.2790 0.2803
March 0.2833 0.2790 0.2811
April 0.2808 0.2761 0.2780
May 0.2804 0.2763 0.2788
June 0.2805 0.2777 0.2787
July 0.2813 0.2774 0.2799
August 0.2900 0.2819 0.2863
September 0.2943 0.2878 0.2906
October 0.2930 0.2843 0.2877
November 0.2863 0.2792 0.2820
December 0.2815 0.2766 0.2792