2024 SRD to BHD Historical Review

YEARLY HIGH

0.0131 BHD

YEARLY LOW

0.0102 BHD

YEARLY AVERAGE

0.0114 BHD

2024 SRD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0131. Conversely, the yearly low was recorded on January 18, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0029 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0107, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0131 was up 10.01% compared to the 2023 peak of 0.0119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66 BHD

2023 Average 52 BHD

Yearly Trough Low 51 BHD

Transaction Impact: A difference of 14.72 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0134

0.0100

JanuMarcMayJulySeptNove

SRD 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 0.0110, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0110

H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0013 BHD (High: 0.0123 / Low: 0.0110). On the other end, December was the most stable month, with a tight range of 0.0001 BHD (High: 0.0108 / Low: 0.0106).

October Spread (Volatile) ±0.0013

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0011 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0131) against the same month in 2023 (average: 0.0099), the exchange rate shifted by +0.0032 (+32.76%).

2024 Avg (August) 0.0131

2023 Avg (August) 0.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0102	0.0103
February	0.0107	0.0103	0.0104
March	0.0108	0.0106	0.0107
April	0.0111	0.0108	0.0109
May	0.0117	0.0112	0.0116
June	0.0123	0.0117	0.0120
July	0.0131	0.0122	0.0127
August	0.0131	0.0130	0.0131
September	0.0130	0.0123	0.0127
October	0.0123	0.0110	0.0116
November	0.0110	0.0106	0.0107
December	0.0108	0.0106	0.0107