YEARLY HIGH
0.1058 BHD
YEARLY LOW
0.0984 BHD
YEARLY AVERAGE
0.1018 BHD

2024 ILS to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.1058. Conversely, the yearly low was recorded on August 6, dropping to 0.0984.

This high-to-low spread represents a total annual volatility of 0.0074 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1016 to the December average rate of 0.1040, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1058 was down 5.60% compared to the 2023 peak of 0.1121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 529 BHD
2023 Average 512 BHD
Yearly Trough Low 492 BHD
Transaction Impact: A difference of 37.18 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1044
0.0997
JanuMarcMayJulySeptNove

ILS 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 0.1020, compared to 0.1017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1020
H2 Avg (Jul–Dec) 0.1017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0056 BHD (High: 0.1049 / Low: 0.0993). On the other end, May was the most stable month, with a tight range of 0.0026 BHD (High: 0.1030 / Low: 0.1004).

January Spread (Volatile) ±0.0056
May Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1040) against the same month in 2023 (average: 0.1029), the exchange rate shifted by +0.0011 (+1.09%).

2024 Avg (December) 0.1040
2023 Avg (December) 0.1029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1049 0.0993 0.1016
February 0.1055 0.1020 0.1034
March 0.1057 0.1020 0.1037
April 0.1030 0.0985 0.1003
May 0.1030 0.1004 0.1018
June 0.1027 0.1000 0.1009
July 0.1042 0.0999 0.1026
August 0.1037 0.0984 0.1012
September 0.1037 0.0995 0.1010
October 0.1018 0.0987 0.1001
November 0.1037 0.1000 0.1013
December 0.1058 0.1024 0.1040