YEARLY HIGH
0.0991 BHD
YEARLY LOW
0.0820 BHD
YEARLY AVERAGE
0.0947 BHD

2024 PLN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0991. Conversely, the yearly low was recorded on January 1, dropping to 0.0820.

This high-to-low spread represents a total annual volatility of 0.0171 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0925, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0991 was up 2.29% compared to the 2023 peak of 0.0969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 1,982 BHD
2023 Average 1,798 BHD
Yearly Trough Low 1,640 BHD
Transaction Impact: A difference of 342.11 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0984
0.0919
JanuMarcMayJulySeptNove

PLN 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 0.0943, compared to 0.0950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0943
H2 Avg (Jul–Dec) 0.0950

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0134 BHD (High: 0.0954 / Low: 0.0820). On the other end, February was the most stable month, with a tight range of 0.0020 BHD (High: 0.0950 / Low: 0.0930).

January Spread (Volatile) ±0.0134
February Spread (Stable) ±0.0020

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 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0979) against the same month in 2023 (average: 0.0875), the exchange rate shifted by +0.0104 (+11.86%).

2024 Avg (September) 0.0979
2023 Avg (September) 0.0875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0954 0.0820 0.0938
February 0.0950 0.0930 0.0941
March 0.0964 0.0940 0.0951
April 0.0961 0.0917 0.0939
May 0.0963 0.0934 0.0951
June 0.0962 0.0920 0.0938
July 0.0966 0.0937 0.0955
August 0.0989 0.0945 0.0968
September 0.0991 0.0967 0.0979
October 0.0972 0.0935 0.0951
November 0.0946 0.0905 0.0924
December 0.0935 0.0912 0.0925