2024 TJS to BHD Historical Review

YEARLY HIGH

0.0358 BHD

YEARLY LOW

0.0343 BHD

YEARLY AVERAGE

0.0350 BHD

2024 TJS to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 0.0358. Conversely, the yearly low was recorded on March 18, dropping to 0.0343.

This high-to-low spread represents a total annual volatility of 0.0015 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0345 to the December average rate of 0.0345, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0358 was down 4.95% compared to the 2023 peak of 0.0377, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179 BHD

2023 Average 174 BHD

Yearly Trough Low 171 BHD

Transaction Impact: A difference of 7.49 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0356

0.0343

JanuMarcMayJulySeptNove

TJS 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 0.0346, compared to 0.0353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0346

H2 Avg (Jul–Dec) 0.0353

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0010 BHD (High: 0.0356 / Low: 0.0346). On the other end, December was the most stable month, with a tight range of 0.0002 BHD (High: 0.0346 / Low: 0.0344).

November Spread (Volatile) ±0.0010

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0355) against the same month in 2023 (average: 0.0344), the exchange rate shifted by +0.0012 (+3.36%).

2024 Avg (August) 0.0355

2023 Avg (August) 0.0344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0346	0.0344	0.0345
February	0.0346	0.0343	0.0344
March	0.0346	0.0343	0.0344
April	0.0346	0.0344	0.0345
May	0.0351	0.0345	0.0347
June	0.0356	0.0349	0.0353
July	0.0356	0.0352	0.0354
August	0.0358	0.0352	0.0355
September	0.0355	0.0352	0.0354
October	0.0355	0.0352	0.0354
November	0.0356	0.0346	0.0353
December	0.0346	0.0344	0.0345