2024 PEN to BHD Historical Review

YEARLY HIGH

0.1027 BHD

YEARLY LOW

0.0972 BHD

YEARLY AVERAGE

0.1004 BHD

2024 PEN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.1027. Conversely, the yearly low was recorded on February 14, dropping to 0.0972.

This high-to-low spread represents a total annual volatility of 0.0055 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1010 to the December average rate of 0.1010, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1027 was down 3.08% compared to the 2023 peak of 0.1060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 513 BHD

2023 Average 504 BHD

Yearly Trough Low 486 BHD

Transaction Impact: A difference of 27.58 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1018

0.0981

JanuMarcMayJulySeptNove

PEN 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 0.1005, compared to 0.1004 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) 0.1005

H2 Avg (Jul–Dec) 0.1004

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0035 BHD (High: 0.1015 / Low: 0.0980). On the other end, December was the most stable month, with a tight range of 0.0013 BHD (High: 0.1017 / Low: 0.1003).

July Spread (Volatile) ±0.0035

December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1015) against the same month in 2023 (average: 0.1003), the exchange rate shifted by +0.0012 (+1.19%).

2024 Avg (April) 0.1015

2023 Avg (April) 0.1003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1022	0.0989	0.1010
February	0.0997	0.0972	0.0984
March	0.1027	0.0996	0.1014
April	0.1027	0.1000	0.1015
May	0.1022	0.1002	0.1010
June	0.1010	0.0982	0.0996
July	0.1015	0.0980	0.1001
August	0.1015	0.1002	0.1008
September	0.1014	0.0987	0.1000
October	0.1017	0.0999	0.1005
November	0.1008	0.0989	0.0997
December	0.1017	0.1003	0.1010