2024 PGK to BHD Historical Review

YEARLY HIGH

0.1019 BHD

YEARLY LOW

0.0928 BHD

YEARLY AVERAGE

0.0969 BHD

2024 PGK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.1019. Conversely, the yearly low was recorded on December 31, dropping to 0.0928.

This high-to-low spread represents a total annual volatility of 0.0091 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1010 to the December average rate of 0.0932, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1019 was down 5.21% compared to the 2023 peak of 0.1075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 510 BHD

2023 Average 523 BHD

Yearly Trough Low 464 BHD

Transaction Impact: A difference of 45.59 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1017

0.0925

JanuMarcMayJulySeptNove

PGK 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 0.0988, compared to 0.0949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0988

H2 Avg (Jul–Dec) 0.0949

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0037 BHD (High: 0.0987 / Low: 0.0950). On the other end, May was the most stable month, with a tight range of 0.0010 BHD (High: 0.0977 / Low: 0.0967).

August Spread (Volatile) ±0.0037

May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1010) against the same month in 2023 (average: 0.1070), the exchange rate shifted by -0.0060 (-5.64%).

2024 Avg (January) 0.1010

2023 Avg (January) 0.1070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1019	0.0997	0.1010
February	0.1013	0.0986	0.0999
March	0.1010	0.0984	0.0992
April	0.0998	0.0973	0.0986
May	0.0977	0.0967	0.0972
June	0.0983	0.0963	0.0970
July	0.0980	0.0960	0.0967
August	0.0987	0.0950	0.0959
September	0.0963	0.0944	0.0952
October	0.0960	0.0939	0.0949
November	0.0945	0.0930	0.0937
December	0.0945	0.0928	0.0932