2024 BDT to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BDT to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BDT to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 37.6235. Conversely, the yearly low was recorded on May 18, dropping to 32.5145.
This high-to-low spread represents a total annual volatility of 5.1090 COP. From a start-to-finish perspective, comparing the January average rate of 35.7201 to the December average rate of 36.7609, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 37.6235 was down 21.53% compared to the 2023 peak of 47.9441, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BDT to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.0715, compared to 35.4892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4177 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 3.0734 COP (High: 35.5879 / Low: 32.5145). On the other end, February was the most stable month, with a tight range of 0.6993 COP (High: 36.1389 / Low: 35.4396).
Growth Streaks & Declines
TrendsBetween August and November, 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 1.5875 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 36.8622) against the same month in 2023 (average: 36.5340), the exchange rate shifted by +0.3282 (+0.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.1489 | 35.3270 | 35.7201 |
| February | 36.1389 | 35.4396 | 35.7851 |
| March | 35.9139 | 35.0219 | 35.5393 |
| April | 36.0407 | 34.3125 | 35.2295 |
| May | 35.5879 | 32.5145 | 33.6420 |
| June | 35.5540 | 32.7814 | 34.5130 |
| July | 35.2269 | 33.5816 | 34.3807 |
| August | 35.2893 | 33.5124 | 34.3205 |
| September | 35.9490 | 34.5493 | 35.0070 |
| October | 36.9446 | 34.7153 | 35.6041 |
| November | 37.6235 | 36.0536 | 36.8622 |
| December | 37.3562 | 36.0622 | 36.7609 |