YEARLY HIGH
0.1011 BHD
YEARLY LOW
0.0999 BHD
YEARLY AVERAGE
0.1004 BHD

2024 SAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1011. Conversely, the yearly low was recorded on November 2, dropping to 0.0999.

This high-to-low spread represents a total annual volatility of 0.0012 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1005 to the December average rate of 0.1003, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1011 was up 0.19% compared to the 2023 peak of 0.1009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505 BHD
2023 Average 502 BHD
Yearly Trough Low 500 BHD
Transaction Impact: A difference of 5.79 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1005
0.1003
JanuMarcMayJulySeptNove

SAR 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 February, with a trading range of 0.0010 BHD (High: 0.1011 / Low: 0.1001). On the other end, October was the most stable month, with a tight range of 0.0002 BHD (High: 0.1005 / Low: 0.1003).

February Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1005) against the same month in 2023 (average: 0.1004), the exchange rate shifted by +0.0001 (+0.10%).

2024 Avg (February) 0.1005
2023 Avg (February) 0.1004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1008 0.1002 0.1005
February 0.1011 0.1001 0.1005
March 0.1005 0.1003 0.1005
April 0.1009 0.1003 0.1005
May 0.1006 0.1001 0.1005
June 0.1010 0.1003 0.1005
July 0.1005 0.1003 0.1005
August 0.1005 0.1000 0.1004
September 0.1005 0.1003 0.1004
October 0.1005 0.1003 0.1004
November 0.1008 0.0999 0.1003
December 0.1005 0.1001 0.1003