YEARLY HIGH
60.0830 BDT
YEARLY LOW
54.6321 BDT
YEARLY AVERAGE
57.7135 BDT

2024 BBD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 60.0830. Conversely, the yearly low was recorded on March 24, dropping to 54.6321.

This high-to-low spread represents a total annual volatility of 5.4509 BDT. From a start-to-finish perspective, comparing the January average rate of 54.8657 to the December average rate of 59.7330, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 60.0830 was up 8.41% compared to the 2023 peak of 55.4198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 300,415 BDT
2023 Average 270,078 BDT
Yearly Trough Low 273,160 BDT
Transaction Impact: A difference of 27,254.70 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

60.2842
54.3486
JanuMarcMayJulySeptNove

BBD to BDT 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 55.9473, compared to 59.4797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5323 points.

H1 Avg (Jan–Jun) 55.9473
H2 Avg (Jul–Dec) 59.4797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 4.0558 BDT (High: 58.7780 / Low: 54.7222). On the other end, July was the most stable month, with a tight range of 0.2209 BDT (High: 58.8026 / Low: 58.5817).

May Spread (Volatile) ±4.0558
July Spread (Stable) ±0.2209

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0416 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 59.7600) against the same month in 2023 (average: 55.1606), the exchange rate shifted by +4.5994 (+8.34%).

2024 Avg (November) 59.7600
2023 Avg (November) 55.1606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.0269 54.7190 54.8657
February 55.3786 54.7600 54.8848
March 55.0217 54.6321 54.8432
April 55.0110 54.7303 54.8569
May 58.7780 54.7222 57.4917
June 59.1126 58.6189 58.7416
July 58.8026 58.5817 58.7371
August 59.9159 58.2200 59.0985
September 59.8520 59.5994 59.7599
October 59.9955 59.7038 59.7896
November 60.0830 59.4778 59.7600
December 59.8391 59.5102 59.7330