YEARLY HIGH
0.0456 BHD
YEARLY LOW
0.0431 BHD
YEARLY AVERAGE
0.0447 BHD

2024 SBD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0456. Conversely, the yearly low was recorded on March 12, dropping to 0.0431.

This high-to-low spread represents a total annual volatility of 0.0025 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0448 to the December average rate of 0.0450, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0456 was down 0.87% compared to the 2023 peak of 0.0460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228 BHD
2023 Average 226 BHD
Yearly Trough Low 215 BHD
Transaction Impact: A difference of 12.56 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0455
0.0443
JanuMarcMayJulySeptNove

SBD 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 0.0445, compared to 0.0449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0445
H2 Avg (Jul–Dec) 0.0449

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 BHD (High: 0.0448 / Low: 0.0431). On the other end, May was the most stable month, with a tight range of 0.0002 BHD (High: 0.0445 / Low: 0.0443).

March Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0454) against the same month in 2023 (average: 0.0447), the exchange rate shifted by +0.0007 (+1.49%).

2024 Avg (October) 0.0454
2023 Avg (October) 0.0447

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0451 0.0445 0.0448
February 0.0450 0.0443 0.0446
March 0.0448 0.0431 0.0445
April 0.0447 0.0441 0.0445
May 0.0445 0.0443 0.0444
June 0.0447 0.0443 0.0445
July 0.0448 0.0445 0.0446
August 0.0448 0.0441 0.0444
September 0.0455 0.0444 0.0452
October 0.0456 0.0451 0.0454
November 0.0454 0.0449 0.0451
December 0.0452 0.0448 0.0450