YEARLY HIGH
25.7037 CDF
YEARLY LOW
23.5885 CDF
YEARLY AVERAGE
24.4115 CDF

2024 BDT to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 25.7037. Conversely, the yearly low was recorded on August 23, dropping to 23.5885.

This high-to-low spread represents a total annual volatility of 2.1152 CDF. From a start-to-finish perspective, comparing the January average rate of 24.8046 to the December average rate of 23.8911, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 25.7037 was up 0.99% compared to the 2023 peak of 25.4515, 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 128,518 CDF
2023 Average 108,032 CDF
Yearly Trough Low 117,942 CDF
Transaction Impact: A difference of 10,576.13 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

25.6053
23.6700
JanuMarcMayJulySeptNove

BDT to CDF 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 24.8482, compared to 23.9749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8733 points.

H1 Avg (Jan–Jun) 24.8482
H2 Avg (Jul–Dec) 23.9749

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.7225 CDF (High: 25.5082 / Low: 23.7857). On the other end, March was the most stable month, with a tight range of 0.2422 CDF (High: 25.4728 / Low: 25.2305).

May Spread (Volatile) ±1.7225
March Spread (Stable) ±0.2422

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 1.1110 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 25.4441) against the same month in 2023 (average: 19.6101), the exchange rate shifted by +5.8340 (+29.75%).

2024 Avg (April) 25.4441
2023 Avg (April) 19.6101

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.0623 24.2219 24.8046
February 25.2413 24.9079 25.1099
March 25.4728 25.2305 25.2925
April 25.7037 25.3029 25.4441
May 25.5082 23.7857 24.3330
June 24.2616 23.8278 24.1050
July 24.4312 24.0672 24.2081
August 24.4807 23.5885 24.1053
September 23.9799 23.7216 23.8313
October 24.0778 23.7440 23.8784
November 24.1266 23.8026 23.9350
December 24.0624 23.8031 23.8911