2024 NZD to BHD Historical Review

YEARLY HIGH

0.2394 BHD

YEARLY LOW

0.2109 BHD

YEARLY AVERAGE

0.2280 BHD

2024 NZD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2394. Conversely, the yearly low was recorded on December 31, dropping to 0.2109.

This high-to-low spread represents a total annual volatility of 0.0285 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2327 to the December average rate of 0.2163, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2394 was down 2.54% compared to the 2023 peak of 0.2456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,197 BHD

2023 Average 1,157 BHD

Yearly Trough Low 1,054 BHD

Transaction Impact: A difference of 142.58 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2364

0.2145

JanuMarcMayJulySeptNove

NZD 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 0.2295, compared to 0.2265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2295

H2 Avg (Jul–Dec) 0.2265

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0134 BHD (High: 0.2360 / Low: 0.2226). On the other end, June was the most stable month, with a tight range of 0.0043 BHD (High: 0.2335 / Low: 0.2292).

August Spread (Volatile) ±0.0134

June Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between April and June, 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 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2346) against the same month in 2023 (average: 0.2234), the exchange rate shifted by +0.0112 (+4.99%).

2024 Avg (September) 0.2346

2023 Avg (September) 0.2234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2386	0.2289	0.2327
February	0.2336	0.2281	0.2310
March	0.2329	0.2247	0.2289
April	0.2286	0.2215	0.2244
May	0.2319	0.2237	0.2287
June	0.2335	0.2292	0.2311
July	0.2316	0.2215	0.2273
August	0.2360	0.2226	0.2292
September	0.2394	0.2311	0.2346
October	0.2367	0.2250	0.2290
November	0.2270	0.2190	0.2226
December	0.2223	0.2109	0.2163