2024 KWD to BHD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to BHD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 1.2358. Conversely, the yearly low was recorded on April 21, dropping to 1.2221.
This high-to-low spread represents a total annual volatility of 0.0137 BHD. From a start-to-finish perspective, comparing the January average rate of 1.2255 to the December average rate of 1.2250, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1.2358 was down 0.07% compared to the 2023 peak of 1.2366, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KWD to BHD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.2259, compared to 1.2302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.0083 BHD (High: 1.2323 / Low: 1.2240). On the other end, September was the most stable month, with a tight range of 0.0035 BHD (High: 1.2358 / Low: 1.2323).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1.2344) against the same month in 2023 (average: 1.2208), the exchange rate shifted by +0.0136 (+1.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.2276 | 1.2236 | 1.2255 |
| February | 1.2296 | 1.2228 | 1.2245 |
| March | 1.2273 | 1.2230 | 1.2256 |
| April | 1.2279 | 1.2221 | 1.2243 |
| May | 1.2289 | 1.2235 | 1.2266 |
| June | 1.2332 | 1.2274 | 1.2292 |
| July | 1.2338 | 1.2297 | 1.2321 |
| August | 1.2351 | 1.2306 | 1.2326 |
| September | 1.2358 | 1.2323 | 1.2344 |
| October | 1.2337 | 1.2289 | 1.2301 |
| November | 1.2323 | 1.2240 | 1.2269 |
| December | 1.2279 | 1.2222 | 1.2250 |