2024 SGD to BHD Historical Review

YEARLY HIGH

0.2942 BHD

YEARLY LOW

0.2758 BHD

YEARLY AVERAGE

0.2820 BHD

2024 SGD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.2942. Conversely, the yearly low was recorded on December 31, dropping to 0.2758.

This high-to-low spread represents a total annual volatility of 0.0183 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2822 to the December average rate of 0.2790, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2942 was up 1.85% compared to the 2023 peak of 0.2888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,471 BHD

2023 Average 1,403 BHD

Yearly Trough Low 1,379 BHD

Transaction Impact: A difference of 91.59 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2921

0.2764

JanuMarcMayJulySeptNove

SGD 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 0.2798, compared to 0.2843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.2798

H2 Avg (Jul–Dec) 0.2843

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0079 BHD (High: 0.2926 / Low: 0.2847). On the other end, June was the most stable month, with a tight range of 0.0027 BHD (High: 0.2801 / Low: 0.2774).

October Spread (Volatile) ±0.0079

June Spread (Stable) ±0.0027

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 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2908) against the same month in 2023 (average: 0.2765), the exchange rate shifted by +0.0144 (+5.19%).

2024 Avg (September) 0.2908

2023 Avg (September) 0.2765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2863	0.2804	0.2822
February	0.2822	0.2781	0.2802
March	0.2833	0.2784	0.2809
April	0.2803	0.2761	0.2777
May	0.2806	0.2771	0.2789
June	0.2801	0.2774	0.2786
July	0.2821	0.2776	0.2800
August	0.2897	0.2820	0.2863
September	0.2942	0.2882	0.2908
October	0.2926	0.2847	0.2876
November	0.2869	0.2794	0.2820
December	0.2816	0.2758	0.2790