2024 HRK to BHD Historical Review

YEARLY HIGH

0.0560 BHD

YEARLY LOW

0.0518 BHD

YEARLY AVERAGE

0.0541 BHD

2024 HRK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0560. Conversely, the yearly low was recorded on December 18, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0042 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0524, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0560 was down 0.45% compared to the 2023 peak of 0.0562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280 BHD

2023 Average 271 BHD

Yearly Trough Low 259 BHD

Transaction Impact: A difference of 21.03 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0559

0.0521

JanuMarcMayJulySeptNove

HRK 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 0.0541, compared to 0.0542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0541

H2 Avg (Jul–Dec) 0.0542

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0026 BHD (High: 0.0547 / Low: 0.0521). On the other end, February was the most stable month, with a tight range of 0.0008 BHD (High: 0.0544 / Low: 0.0536).

November Spread (Volatile) ±0.0026

February Spread (Stable) ±0.0008

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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0551) against the same month in 2023 (average: 0.0546), the exchange rate shifted by +0.0005 (+0.94%).

2024 Avg (August) 0.0551

2023 Avg (August) 0.0546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0554	0.0541	0.0546
February	0.0544	0.0536	0.0540
March	0.0548	0.0539	0.0543
April	0.0543	0.0531	0.0536
May	0.0545	0.0536	0.0541
June	0.0545	0.0534	0.0538
July	0.0547	0.0537	0.0543
August	0.0560	0.0540	0.0551
September	0.0560	0.0551	0.0555
October	0.0554	0.0539	0.0545
November	0.0547	0.0521	0.0531
December	0.0529	0.0518	0.0524