YEARLY HIGH
0.0168 BGN
YEARLY LOW
0.0146 BGN
YEARLY AVERAGE
0.0157 BGN

2024 BDT to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0168. Conversely, the yearly low was recorded on August 23, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0022 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0156, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0168 was down 6.35% compared to the 2023 peak of 0.0179, 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 84 BGN
2023 Average 84 BGN
Yearly Trough Low 73 BGN
Transaction Impact: A difference of 10.77 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0168
0.0145
JanuMarcMayJulySeptNove

BDT to BGN 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 0.0162, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0014 BGN (High: 0.0167 / Low: 0.0153). On the other end, September was the most stable month, with a tight range of 0.0002 BGN (High: 0.0149 / Low: 0.0146).

May Spread (Volatile) ±0.0014
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0166) against the same month in 2023 (average: 0.0168), the exchange rate shifted by -0.0002 (-1.00%).

2024 Avg (April) 0.0166
2023 Avg (April) 0.0168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0165 0.0161 0.0163
February 0.0166 0.0164 0.0165
March 0.0165 0.0163 0.0164
April 0.0168 0.0164 0.0166
May 0.0167 0.0153 0.0157
June 0.0156 0.0153 0.0155
July 0.0155 0.0152 0.0153
August 0.0154 0.0146 0.0150
September 0.0149 0.0146 0.0147
October 0.0152 0.0148 0.0150
November 0.0157 0.0150 0.0154
December 0.0158 0.0155 0.0156