2024 GHS to BHD Historical Review

YEARLY HIGH

0.0317 BHD

YEARLY LOW

0.0230 BHD

YEARLY AVERAGE

0.0263 BHD

2024 GHS to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0317. Conversely, the yearly low was recorded on November 9, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0087 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0313 to the December average rate of 0.0255, the exchange rate registered a net change of -18.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0317 was down 29.81% compared to the 2023 peak of 0.0451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158 BHD

2023 Average 162 BHD

Yearly Trough Low 115 BHD

Transaction Impact: A difference of 43.61 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0321

0.0227

JanuMarcMayJulySeptNove

GHS 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 0.0284, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0284

H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0021 BHD (High: 0.0275 / Low: 0.0254). On the other end, August was the most stable month, with a tight range of 0.0003 BHD (High: 0.0243 / Low: 0.0240).

May Spread (Volatile) ±0.0021

August Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0313) against the same month in 2023 (average: 0.0332), the exchange rate shifted by -0.0019 (-5.86%).

2024 Avg (January) 0.0313

2023 Avg (January) 0.0332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0317	0.0305	0.0313
February	0.0305	0.0298	0.0302
March	0.0298	0.0285	0.0291
April	0.0286	0.0276	0.0280
May	0.0275	0.0254	0.0265
June	0.0255	0.0247	0.0251
July	0.0246	0.0242	0.0244
August	0.0243	0.0240	0.0241
September	0.0241	0.0239	0.0240
October	0.0238	0.0231	0.0235
November	0.0246	0.0230	0.0235
December	0.0257	0.0245	0.0255