2024 ZAR to BHD Historical Review

YEARLY HIGH

0.0220 BHD

YEARLY LOW

0.0195 BHD

YEARLY AVERAGE

0.0206 BHD

2024 ZAR to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.0220. Conversely, the yearly low was recorded on February 25, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0025 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0207, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0220 was down 2.19% compared to the 2023 peak of 0.0225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,101 BHD

2023 Average 1,022 BHD

Yearly Trough Low 975 BHD

Transaction Impact: A difference of 125.89 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0216

0.0197

JanuMarcMayJulySeptNove

ZAR 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 0.0201, compared to 0.0210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0201

H2 Avg (Jul–Dec) 0.0210

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0014 BHD (High: 0.0213 / Low: 0.0199). On the other end, October was the most stable month, with a tight range of 0.0005 BHD (High: 0.0217 / Low: 0.0212).

December Spread (Volatile) ±0.0014

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0214) against the same month in 2023 (average: 0.0199), the exchange rate shifted by +0.0015 (+7.78%).

2024 Avg (September) 0.0214

2023 Avg (September) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0206	0.0196	0.0201
February	0.0203	0.0195	0.0198
March	0.0203	0.0197	0.0200
April	0.0204	0.0195	0.0200
May	0.0209	0.0200	0.0205
June	0.0210	0.0199	0.0205
July	0.0210	0.0203	0.0207
August	0.0213	0.0201	0.0209
September	0.0220	0.0210	0.0214
October	0.0217	0.0212	0.0214
November	0.0218	0.0206	0.0210
December	0.0213	0.0199	0.0207