YEARLY HIGH
0.0632 BOB
YEARLY LOW
0.0578 BOB
YEARLY AVERAGE
0.0600 BOB

2024 BDT to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.0632. Conversely, the yearly low was recorded on November 1, dropping to 0.0578.

This high-to-low spread represents a total annual volatility of 0.0054 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0630 to the December average rate of 0.0578, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0632 was down 5.66% compared to the 2023 peak of 0.0670, 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 316 BOB
2023 Average 320 BOB
Yearly Trough Low 289 BOB
Transaction Impact: A difference of 27.22 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0636
0.0573
JanuMarcMayJulySeptNove

BDT to BOB 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 0.0618, compared to 0.0581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0618
H2 Avg (Jul–Dec) 0.0581

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0042 BOB (High: 0.0631 / Low: 0.0589). On the other end, January was the most stable month, with a tight range of 0.0000 BOB (High: 0.0630 / Low: 0.0630).

May Spread (Volatile) ±0.0042
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0631) against the same month in 2023 (average: 0.0651), the exchange rate shifted by -0.0020 (-3.09%).

2024 Avg (April) 0.0631
2023 Avg (April) 0.0651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0630 0.0630 0.0630
February 0.0632 0.0630 0.0630
March 0.0632 0.0628 0.0630
April 0.0632 0.0630 0.0631
May 0.0631 0.0589 0.0601
June 0.0590 0.0588 0.0588
July 0.0588 0.0588 0.0588
August 0.0588 0.0578 0.0584
September 0.0580 0.0578 0.0578
October 0.0580 0.0578 0.0579
November 0.0580 0.0578 0.0579
December 0.0580 0.0578 0.0578