2024 RON to BHD Historical Review

YEARLY HIGH

0.0848 BHD

YEARLY LOW

0.0784 BHD

YEARLY AVERAGE

0.0820 BHD

2024 RON to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0848. Conversely, the yearly low was recorded on December 18, dropping to 0.0784.

This high-to-low spread represents a total annual volatility of 0.0063 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0827 to the December average rate of 0.0794, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0848 was down 1.13% compared to the 2023 peak of 0.0857, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 424 BHD

2023 Average 412 BHD

Yearly Trough Low 392 BHD

Transaction Impact: A difference of 31.74 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0846

0.0789

JanuMarcMayJulySeptNove

RON 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 0.0819, compared to 0.0820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0819

H2 Avg (Jul–Dec) 0.0820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0040 BHD (High: 0.0828 / Low: 0.0788). On the other end, May was the most stable month, with a tight range of 0.0013 BHD (High: 0.0825 / Low: 0.0812).

November Spread (Volatile) ±0.0040

May Spread (Stable) ±0.0013

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 October and November, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0841) against the same month in 2023 (average: 0.0810), the exchange rate shifted by +0.0031 (+3.83%).

2024 Avg (September) 0.0841

2023 Avg (September) 0.0810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0839	0.0818	0.0827
February	0.0825	0.0811	0.0818
March	0.0831	0.0817	0.0824
April	0.0824	0.0804	0.0813
May	0.0825	0.0812	0.0819
June	0.0826	0.0809	0.0815
July	0.0830	0.0813	0.0822
August	0.0848	0.0817	0.0834
September	0.0848	0.0834	0.0841
October	0.0838	0.0817	0.0825
November	0.0828	0.0788	0.0805
December	0.0803	0.0784	0.0794