YEARLY HIGH
0.1727 BHD
YEARLY LOW
0.1620 BHD
YEARLY AVERAGE
0.1675 BHD

2024 FJD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.1727. Conversely, the yearly low was recorded on December 31, dropping to 0.1620.

This high-to-low spread represents a total annual volatility of 0.0106 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1688 to the December average rate of 0.1634, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1727 was down 1.44% compared to the 2023 peak of 0.1752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 863 BHD
2023 Average 845 BHD
Yearly Trough Low 810 BHD
Transaction Impact: A difference of 53.15 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1714
0.1627
JanuMarcMayJulySeptNove

FJD 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 0.1674, compared to 0.1676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1674
H2 Avg (Jul–Dec) 0.1676

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0067 BHD (High: 0.1720 / Low: 0.1652). On the other end, June was the most stable month, with a tight range of 0.0029 BHD (High: 0.1691 / Low: 0.1662).

October Spread (Volatile) ±0.0067
June Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0029 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1706) against the same month in 2023 (average: 0.1660), the exchange rate shifted by +0.0047 (+2.82%).

2024 Avg (September) 0.1706
2023 Avg (September) 0.1660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1722 0.1663 0.1688
February 0.1687 0.1657 0.1676
March 0.1692 0.1653 0.1673
April 0.1684 0.1644 0.1663
May 0.1693 0.1646 0.1670
June 0.1691 0.1662 0.1676
July 0.1696 0.1662 0.1679
August 0.1712 0.1657 0.1689
September 0.1727 0.1681 0.1706
October 0.1720 0.1652 0.1687
November 0.1688 0.1641 0.1663
December 0.1663 0.1620 0.1634