YEARLY HIGH
0.0549 BHD
YEARLY LOW
0.0542 BHD
YEARLY AVERAGE
0.0545 BHD

2024 BOB to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0549. Conversely, the yearly low was recorded on April 27, dropping to 0.0542.

This high-to-low spread represents a total annual volatility of 0.0007 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0546, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0549 was down 0.32% compared to the 2023 peak of 0.0551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 275 BHD
2023 Average 273 BHD
Yearly Trough Low 271 BHD
Transaction Impact: A difference of 3.64 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0546
0.0545
JanuMarcMayJulySeptNove

BOB 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 0.0545, compared to 0.0545 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) 0.0545
H2 Avg (Jul–Dec) 0.0545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 BHD (High: 0.0548 / Low: 0.0542). On the other end, July was the most stable month, with a tight range of 0.0001 BHD (High: 0.0546 / Low: 0.0545).

November Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0545) against the same month in 2023 (average: 0.0546), the exchange rate shifted by -0.0000 (-0.04%).

2024 Avg (August) 0.0545
2023 Avg (August) 0.0546

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0546 0.0545 0.0546
February 0.0547 0.0543 0.0545
March 0.0548 0.0543 0.0545
April 0.0546 0.0542 0.0545
May 0.0546 0.0544 0.0545
June 0.0546 0.0544 0.0545
July 0.0546 0.0545 0.0545
August 0.0549 0.0544 0.0545
September 0.0547 0.0543 0.0545
October 0.0546 0.0543 0.0545
November 0.0548 0.0542 0.0545
December 0.0548 0.0544 0.0546