YEARLY HIGH
0.6855 AFN
YEARLY LOW
0.5448 AFN
YEARLY AVERAGE
0.6122 AFN

2024 BDT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.6855. Conversely, the yearly low was recorded on October 17, dropping to 0.5448.

This high-to-low spread represents a total annual volatility of 0.1407 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6519 to the December average rate of 0.5811, the exchange rate registered a net change of -10.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6855 was down 21.01% compared to the 2023 peak of 0.8678, 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 3,428 AFN
2023 Average 3,834 AFN
Yearly Trough Low 2,724 AFN
Transaction Impact: A difference of 703.67 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6771
0.5505
JanuMarcMayJulySeptNove

BDT to AFN 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 0.6425, compared to 0.5819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0606 points.

H1 Avg (Jan–Jun) 0.6425
H2 Avg (Jul–Dec) 0.5819

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0585 AFN (High: 0.6593 / Low: 0.6007). On the other end, July was the most stable month, with a tight range of 0.0084 AFN (High: 0.6054 / Low: 0.5969).

May Spread (Volatile) ±0.0585
July Spread (Stable) ±0.0084

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 0.0304 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.6666) against the same month in 2023 (average: 0.8433), the exchange rate shifted by -0.1768 (-20.96%).

2024 Avg (February) 0.6666
2023 Avg (February) 0.8433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6785 0.6372 0.6519
February 0.6855 0.6577 0.6666
March 0.6652 0.6488 0.6581
April 0.6586 0.6483 0.6543
May 0.6593 0.6007 0.6239
June 0.6116 0.5922 0.6003
July 0.6054 0.5969 0.6024
August 0.6065 0.5898 0.5990
September 0.5941 0.5692 0.5816
October 0.5751 0.5448 0.5610
November 0.5717 0.5600 0.5663
December 0.5895 0.5642 0.5811