YEARLY HIGH
0.0065 BHD
YEARLY LOW
0.0062 BHD
YEARLY AVERAGE
0.0063 BHD

2024 DOP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0065. Conversely, the yearly low was recorded on December 31, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0003 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0062, the exchange rate registered a net change of -3.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0065 was down 6.20% compared to the 2023 peak of 0.0069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 BHD
2023 Average 34 BHD
Yearly Trough Low 31 BHD
Transaction Impact: A difference of 1.65 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0065
0.0062
JanuMarcMayJulySeptNove

DOP 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 0.0064, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0001 BHD (High: 0.0065 / Low: 0.0064). On the other end, November was the most stable month, with a tight range of 0.0000 BHD (High: 0.0063 / Low: 0.0062).

May Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

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 May and June, 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 (January 2024: 0.0064) against the same month in 2023 (average: 0.0067), the exchange rate shifted by -0.0002 (-3.43%).

2024 Avg (January) 0.0064
2023 Avg (January) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0064 0.0064
February 0.0064 0.0064 0.0064
March 0.0064 0.0064 0.0064
April 0.0064 0.0063 0.0064
May 0.0065 0.0064 0.0064
June 0.0064 0.0063 0.0064
July 0.0064 0.0064 0.0064
August 0.0064 0.0063 0.0063
September 0.0063 0.0062 0.0063
October 0.0063 0.0062 0.0062
November 0.0063 0.0062 0.0062
December 0.0062 0.0062 0.0062