2024 MDL to BHD Historical Review

YEARLY HIGH

0.0218 BHD

YEARLY LOW

0.0204 BHD

YEARLY AVERAGE

0.0213 BHD

2024 MDL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0218. Conversely, the yearly low was recorded on December 28, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0014 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0206, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0218 was up 0.16% compared to the 2023 peak of 0.0218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109 BHD

2023 Average 104 BHD

Yearly Trough Low 102 BHD

Transaction Impact: A difference of 7.08 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0218

0.0205

JanuMarcMayJulySeptNove

MDL 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 0.0213, compared to 0.0212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0213

H2 Avg (Jul–Dec) 0.0212

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0008 BHD (High: 0.0217 / Low: 0.0209). On the other end, May was the most stable month, with a tight range of 0.0002 BHD (High: 0.0214 / Low: 0.0212).

October Spread (Volatile) ±0.0008

May Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0215) against the same month in 2023 (average: 0.0213), the exchange rate shifted by +0.0002 (+1.00%).

2024 Avg (August) 0.0215

2023 Avg (August) 0.0213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0218	0.0212	0.0214
February	0.0213	0.0210	0.0212
March	0.0215	0.0212	0.0213
April	0.0215	0.0210	0.0213
May	0.0214	0.0212	0.0213
June	0.0215	0.0211	0.0213
July	0.0215	0.0212	0.0213
August	0.0218	0.0212	0.0215
September	0.0218	0.0215	0.0217
October	0.0217	0.0209	0.0213
November	0.0212	0.0206	0.0209
December	0.0207	0.0204	0.0206