YEARLY HIGH
0.0153 BHD
YEARLY LOW
0.0148 BHD
YEARLY AVERAGE
0.0152 BHD

2024 HNL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0153. Conversely, the yearly low was recorded on December 28, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0005 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0149, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0153 was down 0.67% compared to the 2023 peak of 0.0154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77 BHD
2023 Average 76 BHD
Yearly Trough Low 74 BHD
Transaction Impact: A difference of 2.59 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0153
0.0148
JanuMarcMayJulySeptNove

HNL 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 0.0152, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0003 BHD (High: 0.0152 / Low: 0.0149). On the other end, July was the most stable month, with a tight range of 0.0001 BHD (High: 0.0152 / Low: 0.0152).

October Spread (Volatile) ±0.0003
July 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 September and October, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0153) against the same month in 2023 (average: 0.0153), the exchange rate shifted by -0.0000 (-0.09%).

2024 Avg (January) 0.0153
2023 Avg (January) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0153 0.0152 0.0153
February 0.0153 0.0152 0.0152
March 0.0153 0.0152 0.0152
April 0.0153 0.0152 0.0153
May 0.0153 0.0152 0.0152
June 0.0153 0.0150 0.0152
July 0.0152 0.0152 0.0152
August 0.0153 0.0151 0.0152
September 0.0152 0.0151 0.0152
October 0.0152 0.0149 0.0151
November 0.0150 0.0148 0.0150
December 0.0149 0.0148 0.0149