2024 MAD to BHD Historical Review

YEARLY HIGH

0.0393 BHD

YEARLY LOW

0.0371 BHD

YEARLY AVERAGE

0.0379 BHD

2024 MAD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0393. Conversely, the yearly low was recorded on April 16, dropping to 0.0371.

This high-to-low spread represents a total annual volatility of 0.0023 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0379 to the December average rate of 0.0376, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0393 was up 0.38% compared to the 2023 peak of 0.0392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197 BHD

2023 Average 186 BHD

Yearly Trough Low 185 BHD

Transaction Impact: A difference of 11.31 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0389

0.0372

JanuMarcMayJulySeptNove

MAD 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 0.0376, compared to 0.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0376

H2 Avg (Jul–Dec) 0.0382

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0014 BHD (High: 0.0393 / Low: 0.0379). On the other end, February was the most stable month, with a tight range of 0.0004 BHD (High: 0.0377 / Low: 0.0373).

August Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between 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 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0386) against the same month in 2023 (average: 0.0381), the exchange rate shifted by +0.0005 (+1.39%).

2024 Avg (August) 0.0386

2023 Avg (August) 0.0381

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0383	0.0376	0.0379
February	0.0377	0.0373	0.0375
March	0.0378	0.0372	0.0375
April	0.0377	0.0371	0.0373
May	0.0380	0.0373	0.0377
June	0.0382	0.0375	0.0379
July	0.0385	0.0378	0.0382
August	0.0393	0.0379	0.0386
September	0.0390	0.0384	0.0387
October	0.0387	0.0379	0.0383
November	0.0384	0.0374	0.0379
December	0.0379	0.0373	0.0376