2024 JOD to BHD Historical Review

YEARLY HIGH

0.5346 BHD

YEARLY LOW

0.5282 BHD

YEARLY AVERAGE

0.5316 BHD

2024 JOD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.5346. Conversely, the yearly low was recorded on August 4, dropping to 0.5282.

This high-to-low spread represents a total annual volatility of 0.0064 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5313 to the December average rate of 0.5315, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5346 was up 0.00% compared to the 2023 peak of 0.5346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,673 BHD

2023 Average 2,657 BHD

Yearly Trough Low 2,641 BHD

Transaction Impact: A difference of 31.97 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5319

0.5312

JanuMarcMayJulySeptNove

JOD 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 0.5316, compared to 0.5316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.5316

H2 Avg (Jul–Dec) 0.5316

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0050 BHD (High: 0.5346 / Low: 0.5295). On the other end, October was the most stable month, with a tight range of 0.0006 BHD (High: 0.5320 / Low: 0.5314).

February Spread (Volatile) ±0.0050

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5315) against the same month in 2023 (average: 0.5309), the exchange rate shifted by +0.0006 (+0.12%).

2024 Avg (February) 0.5315

2023 Avg (February) 0.5309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5325	0.5299	0.5313
February	0.5346	0.5295	0.5315
March	0.5318	0.5299	0.5315
April	0.5341	0.5305	0.5318
May	0.5322	0.5297	0.5316
June	0.5346	0.5306	0.5316
July	0.5322	0.5307	0.5317
August	0.5321	0.5282	0.5314
September	0.5324	0.5310	0.5316
October	0.5320	0.5314	0.5317
November	0.5340	0.5293	0.5314
December	0.5323	0.5300	0.5315