2024 TRY to BHD Historical Review

YEARLY HIGH

0.0128 BHD

YEARLY LOW

0.0107 BHD

YEARLY AVERAGE

0.0115 BHD

2024 TRY to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0128. Conversely, the yearly low was recorded on December 31, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0021 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0108, the exchange rate registered a net change of -14.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0128 was down 36.54% compared to the 2023 peak of 0.0202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 639 BHD

2023 Average 816 BHD

Yearly Trough Low 533 BHD

Transaction Impact: A difference of 106.34 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0127

0.0106

JanuMarcMayJulySeptNove

TRY 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 0.0119, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0119

H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0004 BHD (High: 0.0120 / Low: 0.0116). On the other end, October was the most stable month, with a tight range of 0.0000 BHD (High: 0.0110 / Low: 0.0110).

March Spread (Volatile) ±0.0004

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0125) against the same month in 2023 (average: 0.0201), the exchange rate shifted by -0.0075 (-37.59%).

2024 Avg (January) 0.0125

2023 Avg (January) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0128	0.0124	0.0125
February	0.0124	0.0120	0.0122
March	0.0120	0.0116	0.0118
April	0.0118	0.0115	0.0116
May	0.0117	0.0116	0.0117
June	0.0117	0.0114	0.0116
July	0.0116	0.0114	0.0114
August	0.0114	0.0110	0.0112
September	0.0111	0.0110	0.0111
October	0.0110	0.0110	0.0110
November	0.0110	0.0109	0.0109
December	0.0109	0.0107	0.0108