2024 ETB to BHD Historical Review

YEARLY HIGH

0.0067 BHD

YEARLY LOW

0.0029 BHD

YEARLY AVERAGE

0.0052 BHD

2024 ETB to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0067. Conversely, the yearly low was recorded on December 31, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0038 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0030, the exchange rate registered a net change of -55.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0067 was down 4.62% compared to the 2023 peak of 0.0071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 BHD

2023 Average 34 BHD

Yearly Trough Low 15 BHD

Transaction Impact: A difference of 18.89 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0071

0.0026

JanuMarcMayJulySeptNove

ETB 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 0.0066, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0066

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0016 BHD (High: 0.0066 / Low: 0.0050). On the other end, February was the most stable month, with a tight range of 0.0001 BHD (High: 0.0067 / Low: 0.0066).

July Spread (Volatile) ±0.0016

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 July and August, when the average rate fell by 0.0028 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0067) against the same month in 2023 (average: 0.0070), the exchange rate shifted by -0.0003 (-4.94%).

2024 Avg (January) 0.0067

2023 Avg (January) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0067	0.0067	0.0067
February	0.0067	0.0066	0.0067
March	0.0067	0.0066	0.0066
April	0.0067	0.0066	0.0066
May	0.0066	0.0065	0.0066
June	0.0066	0.0065	0.0066
July	0.0066	0.0050	0.0065
August	0.0048	0.0033	0.0037
September	0.0034	0.0031	0.0033
October	0.0032	0.0031	0.0031
November	0.0031	0.0030	0.0031
December	0.0030	0.0029	0.0030