YEARLY HIGH
0.5111 BHD
YEARLY LOW
0.4912 BHD
YEARLY AVERAGE
0.5004 BHD

2024 XDR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.5111. Conversely, the yearly low was recorded on December 28, dropping to 0.4912.

This high-to-low spread represents a total annual volatility of 0.0200 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5033 to the December average rate of 0.4944, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5111 was down 0.10% compared to the 2023 peak of 0.5117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,556 BHD
2023 Average 2,515 BHD
Yearly Trough Low 2,456 BHD
Transaction Impact: A difference of 99.76 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5097
0.4930
JanuMarcMayJulySeptNove

XDR 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 0.4996, compared to 0.5012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.4996
H2 Avg (Jul–Dec) 0.5012

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0119 BHD (High: 0.5111 / Low: 0.4993). On the other end, May was the most stable month, with a tight range of 0.0028 BHD (High: 0.4993 / Low: 0.4965).

October Spread (Volatile) ±0.0119
May Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.5046) against the same month in 2023 (average: 0.4951), the exchange rate shifted by +0.0095 (+1.92%).

2024 Avg (October) 0.5046
2023 Avg (October) 0.4951

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5060 0.5013 0.5033
February 0.5030 0.4975 0.5002
March 0.5037 0.4989 0.5011
April 0.5015 0.4939 0.4979
May 0.4993 0.4965 0.4980
June 0.5003 0.4954 0.4974
July 0.5001 0.4957 0.4983
August 0.5075 0.4998 0.5032
September 0.5109 0.5060 0.5083
October 0.5111 0.4993 0.5046
November 0.5030 0.4924 0.4981
December 0.4975 0.4912 0.4944