YEARLY HIGH
0.0336 AED
YEARLY LOW
0.0306 AED
YEARLY AVERAGE
0.0319 AED

2024 BDT to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0336. Conversely, the yearly low was recorded on November 10, dropping to 0.0306.

This high-to-low spread represents a total annual volatility of 0.0030 AED. From a start-to-finish perspective, comparing the January average rate of 0.0335 to the December average rate of 0.0307, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0336 was down 5.58% compared to the 2023 peak of 0.0356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168 AED
2023 Average 170 AED
Yearly Trough Low 153 AED
Transaction Impact: A difference of 15.24 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0338
0.0304
JanuMarcMayJulySeptNove

BDT to AED 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 0.0329, compared to 0.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0329
H2 Avg (Jul–Dec) 0.0309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0023 AED (High: 0.0336 / Low: 0.0312). On the other end, July was the most stable month, with a tight range of 0.0001 AED (High: 0.0313 / Low: 0.0312).

May Spread (Volatile) ±0.0023
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0335) against the same month in 2023 (average: 0.0347), the exchange rate shifted by -0.0012 (-3.48%).

2024 Avg (March) 0.0335
2023 Avg (March) 0.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0336 0.0334 0.0335
February 0.0335 0.0332 0.0335
March 0.0336 0.0334 0.0335
April 0.0335 0.0334 0.0335
May 0.0336 0.0312 0.0320
June 0.0313 0.0311 0.0313
July 0.0313 0.0312 0.0313
August 0.0315 0.0307 0.0311
September 0.0308 0.0307 0.0307
October 0.0308 0.0306 0.0307
November 0.0309 0.0306 0.0307
December 0.0309 0.0307 0.0307