2024 BDT to CNY Historical Review

YEARLY HIGH

0.0662 CNY

YEARLY LOW

0.0585 CNY

YEARLY AVERAGE

0.0623 CNY

2024 BDT to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0662. Conversely, the yearly low was recorded on October 6, dropping to 0.0585.

This high-to-low spread represents a total annual volatility of 0.0077 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0648 to the December average rate of 0.0610, the exchange rate registered a net change of -5.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0662 was down 1.95% compared to the 2023 peak of 0.0675, 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 331 CNY

2023 Average 327 CNY

Yearly Trough Low 292 CNY

Transaction Impact: A difference of 38.33 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0666

0.0585

JanuMarcMayJulySeptNove

BDT to CNY 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 0.0642, compared to 0.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0642

H2 Avg (Jul–Dec) 0.0603

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0056 CNY (High: 0.0661 / Low: 0.0605). On the other end, December was the most stable month, with a tight range of 0.0007 CNY (High: 0.0613 / Low: 0.0606).

May Spread (Volatile) ±0.0056

December Spread (Stable) ±0.0007

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 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0656) against the same month in 2023 (average: 0.0651), the exchange rate shifted by +0.0005 (+0.78%).

2024 Avg (March) 0.0656

2023 Avg (March) 0.0651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0656	0.0643	0.0648
February	0.0657	0.0643	0.0652
March	0.0662	0.0650	0.0656
April	0.0661	0.0646	0.0659
May	0.0661	0.0605	0.0624
June	0.0619	0.0601	0.0614
July	0.0620	0.0607	0.0618
August	0.0617	0.0592	0.0605
September	0.0597	0.0587	0.0592
October	0.0597	0.0585	0.0593
November	0.0608	0.0594	0.0603
December	0.0613	0.0606	0.0610