2024 TOP to BHD Historical Review

YEARLY HIGH

0.1621 BHD

YEARLY LOW

0.1561 BHD

YEARLY AVERAGE

0.1591 BHD

2024 TOP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1621. Conversely, the yearly low was recorded on April 29, dropping to 0.1561.

This high-to-low spread represents a total annual volatility of 0.0061 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1600 to the December average rate of 0.1574, the exchange rate registered a net change of -1.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1621 was down 0.64% compared to the 2023 peak of 0.1632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 811 BHD

2023 Average 798 BHD

Yearly Trough Low 780 BHD

Transaction Impact: A difference of 30.26 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1610

0.1571

JanuMarcMayJulySeptNove

TOP 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 0.1592, compared to 0.1590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1592

H2 Avg (Jul–Dec) 0.1590

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0040 BHD (High: 0.1611 / Low: 0.1571). On the other end, December was the most stable month, with a tight range of 0.0007 BHD (High: 0.1576 / Low: 0.1569).

August Spread (Volatile) ±0.0040

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and June, 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 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1600) against the same month in 2023 (average: 0.1618), the exchange rate shifted by -0.0018 (-1.11%).

2024 Avg (January) 0.1600

2023 Avg (January) 0.1618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1621	0.1591	0.1600
February	0.1604	0.1574	0.1592
March	0.1600	0.1582	0.1591
April	0.1592	0.1561	0.1581
May	0.1599	0.1579	0.1591
June	0.1611	0.1593	0.1597
July	0.1601	0.1580	0.1593
August	0.1611	0.1571	0.1593
September	0.1615	0.1599	0.1607
October	0.1615	0.1581	0.1595
November	0.1589	0.1568	0.1576
December	0.1576	0.1569	0.1574