2024 EUR to BHD Historical Review

YEARLY HIGH

0.4222 BHD

YEARLY LOW

0.3901 BHD

YEARLY AVERAGE

0.4078 BHD

2024 EUR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.4222. Conversely, the yearly low was recorded on December 18, dropping to 0.3901.

This high-to-low spread represents a total annual volatility of 0.0321 BHD. From a start-to-finish perspective, comparing the January average rate of 0.4112 to the December average rate of 0.3948, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4222 was down 0.37% compared to the 2023 peak of 0.4237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,111 BHD

2023 Average 2,039 BHD

Yearly Trough Low 1,950 BHD

Transaction Impact: A difference of 160.50 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4210

0.3924

JanuMarcMayJulySeptNove

EUR 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 0.4075, compared to 0.4081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4075

H2 Avg (Jul–Dec) 0.4081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0195 BHD (High: 0.4121 / Low: 0.3925). On the other end, May was the most stable month, with a tight range of 0.0064 BHD (High: 0.4105 / Low: 0.4041).

November Spread (Volatile) ±0.0195

May Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0101 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4152) against the same month in 2023 (average: 0.4114), the exchange rate shifted by +0.0039 (+0.94%).

2024 Avg (August) 0.4152

2023 Avg (August) 0.4114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4171	0.4072	0.4112
February	0.4100	0.4036	0.4069
March	0.4128	0.4060	0.4096
April	0.4095	0.4003	0.4042
May	0.4105	0.4041	0.4074
June	0.4110	0.4025	0.4055
July	0.4123	0.4047	0.4090
August	0.4222	0.4066	0.4152
September	0.4218	0.4149	0.4186
October	0.4170	0.4064	0.4107
November	0.4121	0.3925	0.4006
December	0.3991	0.3901	0.3948