YEARLY HIGH
0.0290 BHD
YEARLY LOW
0.0265 BHD
YEARLY AVERAGE
0.0278 BHD

2024 BWP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0290. Conversely, the yearly low was recorded on April 30, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0024 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0278 to the December average rate of 0.0275, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0290 was down 2.83% compared to the 2023 peak of 0.0298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 BHD
2023 Average 141 BHD
Yearly Trough Low 133 BHD
Transaction Impact: A difference of 12.05 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0286
0.0273
JanuMarcMayJulySeptNove

BWP 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 0.0276, compared to 0.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0276
H2 Avg (Jul–Dec) 0.0280

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0014 BHD (High: 0.0280 / Low: 0.0265). On the other end, July was the most stable month, with a tight range of 0.0005 BHD (High: 0.0280 / Low: 0.0276).

May Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0005

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0285) against the same month in 2023 (average: 0.0276), the exchange rate shifted by +0.0008 (+3.02%).

2024 Avg (September) 0.0285
2023 Avg (September) 0.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0282 0.0275 0.0278
February 0.0278 0.0273 0.0275
March 0.0279 0.0274 0.0276
April 0.0278 0.0265 0.0274
May 0.0280 0.0265 0.0277
June 0.0280 0.0274 0.0277
July 0.0280 0.0276 0.0278
August 0.0284 0.0277 0.0281
September 0.0290 0.0281 0.0285
October 0.0289 0.0281 0.0283
November 0.0284 0.0275 0.0278
December 0.0279 0.0270 0.0275