YEARLY HIGH
0.0434 BHD
YEARLY LOW
0.0429 BHD
YEARLY AVERAGE
0.0431 BHD

2024 SVC to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0434. Conversely, the yearly low was recorded on October 5, dropping to 0.0429.

This high-to-low spread represents a total annual volatility of 0.0005 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0431 to the December average rate of 0.0431, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0434 was down 0.31% compared to the 2023 peak of 0.0435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217 BHD
2023 Average 215 BHD
Yearly Trough Low 214 BHD
Transaction Impact: A difference of 2.43 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0431
0.0430
JanuMarcMayJulySeptNove

SVC 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 0.0431, compared to 0.0431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0431
H2 Avg (Jul–Dec) 0.0431

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 BHD (High: 0.0434 / Low: 0.0429). On the other end, July was the most stable month, with a tight range of 0.0001 BHD (High: 0.0431 / Low: 0.0430).

August Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0431) against the same month in 2023 (average: 0.0431), the exchange rate shifted by -0.0000 (-0.02%).

2024 Avg (August) 0.0431
2023 Avg (August) 0.0431

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0432 0.0430 0.0431
February 0.0432 0.0429 0.0431
March 0.0433 0.0430 0.0431
April 0.0433 0.0430 0.0431
May 0.0432 0.0430 0.0431
June 0.0431 0.0430 0.0431
July 0.0431 0.0430 0.0431
August 0.0434 0.0429 0.0431
September 0.0432 0.0430 0.0431
October 0.0431 0.0429 0.0430
November 0.0433 0.0429 0.0431
December 0.0432 0.0430 0.0431