2024 PHP to BHD Historical Review

YEARLY HIGH

0.0068 BHD

YEARLY LOW

0.0063 BHD

YEARLY AVERAGE

0.0066 BHD

2024 PHP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0068. Conversely, the yearly low was recorded on December 18, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0005 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0065, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0068 was down 2.65% compared to the 2023 peak of 0.0070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 1,705 BHD

2023 Average 1,694 BHD

Yearly Trough Low 1,585 BHD

Transaction Impact: A difference of 120.03 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0068

0.0064

JanuMarcMayJulySeptNove

PHP 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 0.0066, compared to 0.0065 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) 0.0066

H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0003 BHD (High: 0.0067 / Low: 0.0064). On the other end, June was the most stable month, with a tight range of 0.0001 BHD (High: 0.0065 / Low: 0.0064).

October Spread (Volatile) ±0.0003

June Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0067) against the same month in 2023 (average: 0.0069), the exchange rate shifted by -0.0001 (-1.85%).

2024 Avg (January) 0.0067

2023 Avg (January) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0068	0.0067	0.0067
February	0.0068	0.0067	0.0067
March	0.0068	0.0067	0.0067
April	0.0067	0.0065	0.0066
May	0.0066	0.0064	0.0065
June	0.0065	0.0064	0.0064
July	0.0065	0.0064	0.0064
August	0.0067	0.0065	0.0066
September	0.0068	0.0067	0.0067
October	0.0067	0.0064	0.0066
November	0.0065	0.0064	0.0064
December	0.0065	0.0063	0.0065