YEARLY HIGH
0.1882 BHD
YEARLY LOW
0.1861 BHD
YEARLY AVERAGE
0.1870 BHD

2024 BZD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.1882. Conversely, the yearly low was recorded on October 5, dropping to 0.1861.

This high-to-low spread represents a total annual volatility of 0.0021 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1870 to the December average rate of 0.1873, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1882 was down 0.31% compared to the 2023 peak of 0.1888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 941 BHD
2023 Average 935 BHD
Yearly Trough Low 931 BHD
Transaction Impact: A difference of 10.59 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1874
0.1868
JanuMarcMayJulySeptNove

BZD 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 0.1870, compared to 0.1870 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) 0.1870
H2 Avg (Jul–Dec) 0.1870

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0018 BHD (High: 0.1882 / Low: 0.1864). On the other end, July was the most stable month, with a tight range of 0.0004 BHD (High: 0.1873 / Low: 0.1869).

August Spread (Volatile) ±0.0018
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1870) against the same month in 2023 (average: 0.1871), the exchange rate shifted by -0.0000 (-0.02%).

2024 Avg (August) 0.1870
2023 Avg (August) 0.1871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1873 0.1867 0.1870
February 0.1874 0.1863 0.1870
March 0.1878 0.1865 0.1870
April 0.1879 0.1864 0.1871
May 0.1874 0.1867 0.1870
June 0.1873 0.1866 0.1869
July 0.1873 0.1869 0.1870
August 0.1882 0.1864 0.1870
September 0.1874 0.1865 0.1869
October 0.1871 0.1861 0.1869
November 0.1878 0.1862 0.1869
December 0.1882 0.1867 0.1873