YEARLY HIGH
0.0538 BHD
YEARLY LOW
0.0515 BHD
YEARLY AVERAGE
0.0525 BHD

2024 CNY to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0538. Conversely, the yearly low was recorded on December 22, dropping to 0.0515.

This high-to-low spread represents a total annual volatility of 0.0023 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0530 to the December average rate of 0.0518, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0538 was down 4.26% compared to the 2023 peak of 0.0562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 1,344 BHD
2023 Average 1,333 BHD
Yearly Trough Low 1,288 BHD
Transaction Impact: A difference of 56.36 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0534
0.0516
JanuMarcMayJulySeptNove

CNY 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 0.0525, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0525
H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0015 BHD (High: 0.0533 / Low: 0.0518). On the other end, December was the most stable month, with a tight range of 0.0005 BHD (High: 0.0520 / Low: 0.0515).

June Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0533) against the same month in 2023 (average: 0.0517), the exchange rate shifted by +0.0016 (+3.05%).

2024 Avg (September) 0.0533
2023 Avg (September) 0.0517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0534 0.0524 0.0530
February 0.0532 0.0524 0.0527
March 0.0529 0.0521 0.0524
April 0.0531 0.0520 0.0522
May 0.0533 0.0520 0.0526
June 0.0533 0.0518 0.0522
July 0.0528 0.0518 0.0519
August 0.0531 0.0520 0.0527
September 0.0538 0.0529 0.0533
October 0.0537 0.0528 0.0532
November 0.0531 0.0520 0.0523
December 0.0520 0.0515 0.0518