2024 EGP to BHD Historical Review

YEARLY HIGH

0.0123 BHD

YEARLY LOW

0.0074 BHD

YEARLY AVERAGE

0.0086 BHD

2024 EGP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0123. Conversely, the yearly low was recorded on December 23, dropping to 0.0074.

This high-to-low spread represents a total annual volatility of 0.0049 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0075, the exchange rate registered a net change of -38.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0123 was down 19.66% compared to the 2023 peak of 0.0153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61 BHD

2023 Average 62 BHD

Yearly Trough Low 37 BHD

Transaction Impact: A difference of 24.37 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0127

0.0070

JanuMarcMayJulySeptNove

EGP 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 0.0095, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0095

H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0046 BHD (High: 0.0122 / Low: 0.0076). On the other end, February was the most stable month, with a tight range of 0.0001 BHD (High: 0.0122 / Low: 0.0122).

March Spread (Volatile) ±0.0046

February 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 February and March, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0122) against the same month in 2023 (average: 0.0132), the exchange rate shifted by -0.0010 (-7.74%).

2024 Avg (January) 0.0122

2023 Avg (January) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0123	0.0122	0.0122
February	0.0122	0.0122	0.0122
March	0.0122	0.0076	0.0086
April	0.0080	0.0078	0.0079
May	0.0081	0.0079	0.0080
June	0.0080	0.0078	0.0079
July	0.0079	0.0078	0.0078
August	0.0078	0.0076	0.0077
September	0.0078	0.0077	0.0078
October	0.0078	0.0077	0.0078
November	0.0077	0.0076	0.0076
December	0.0076	0.0074	0.0075