YEARLY HIGH
0.0491 BHD
YEARLY LOW
0.0481 BHD
YEARLY AVERAGE
0.0486 BHD

2024 GTQ to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0491. Conversely, the yearly low was recorded on February 17, dropping to 0.0481.

This high-to-low spread represents a total annual volatility of 0.0010 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0482 to the December average rate of 0.0489, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0491 was up 1.16% compared to the 2023 peak of 0.0485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 246 BHD
2023 Average 241 BHD
Yearly Trough Low 240 BHD
Transaction Impact: A difference of 5.11 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0490
0.0481
JanuMarcMayJulySeptNove

GTQ 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 0.0484, compared to 0.0487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0484
H2 Avg (Jul–Dec) 0.0487

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 BHD (High: 0.0490 / Low: 0.0485). On the other end, July was the most stable month, with a tight range of 0.0002 BHD (High: 0.0487 / Low: 0.0485).

August Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0489) against the same month in 2023 (average: 0.0481), the exchange rate shifted by +0.0008 (+1.61%).

2024 Avg (December) 0.0489
2023 Avg (December) 0.0481

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0484 0.0481 0.0482
February 0.0484 0.0481 0.0483
March 0.0485 0.0481 0.0483
April 0.0486 0.0483 0.0485
May 0.0486 0.0484 0.0485
June 0.0486 0.0484 0.0485
July 0.0487 0.0485 0.0486
August 0.0490 0.0485 0.0487
September 0.0489 0.0486 0.0487
October 0.0488 0.0485 0.0487
November 0.0490 0.0486 0.0488
December 0.0491 0.0488 0.0489