2024 BBD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BBD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BBD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 42.8934. Conversely, the yearly low was recorded on March 7, dropping to 41.3615.
This high-to-low spread represents a total annual volatility of 1.5318 INR. From a start-to-finish perspective, comparing the January average rate of 41.5541 to the December average rate of 42.5028, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 42.8934 was up 2.82% compared to the 2023 peak of 41.7182, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BBD to INR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 41.6165, compared to 42.0586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4421 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.6097 INR (High: 42.8934 / Low: 42.2837). On the other end, February was the most stable month, with a tight range of 0.1092 INR (High: 41.5353 / Low: 41.4261).
Growth Streaks & Declines
TrendsBetween May and August, 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 January and February, when the average rate fell by 0.0686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 42.5028) against the same month in 2023 (average: 41.6219), the exchange rate shifted by +0.8809 (+2.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.6591 | 41.4298 | 41.5541 |
| February | 41.5353 | 41.4261 | 41.4856 |
| March | 41.8016 | 41.3615 | 41.5300 |
| April | 41.8339 | 41.6123 | 41.7082 |
| May | 41.7733 | 41.5262 | 41.6799 |
| June | 41.8383 | 41.5492 | 41.7412 |
| July | 41.8869 | 41.7208 | 41.8019 |
| August | 42.0014 | 41.8678 | 41.9421 |
| September | 41.9966 | 41.7407 | 41.9005 |
| October | 42.0599 | 41.9389 | 42.0227 |
| November | 42.2807 | 42.0430 | 42.1816 |
| December | 42.8934 | 42.2837 | 42.5028 |