2024 BDT to CVE Historical Review

YEARLY HIGH

0.9468 CVE

YEARLY LOW

0.8269 CVE

YEARLY AVERAGE

0.8850 CVE

2024 BDT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.9468. Conversely, the yearly low was recorded on September 21, dropping to 0.8269.

This high-to-low spread represents a total annual volatility of 0.1200 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9217 to the December average rate of 0.8809, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9468 was down 6.35% compared to the 2023 peak of 1.0110, 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 4,734 CVE

2023 Average 4,726 CVE

Yearly Trough Low 4,134 CVE

Transaction Impact: A difference of 599.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9468

0.8211

JanuMarcMayJulySeptNove

BDT to CVE 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 0.9130, compared to 0.8571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0559 points.

H1 Avg (Jan–Jun) 0.9130

H2 Avg (Jul–Dec) 0.8571

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0829 CVE (High: 0.9468 / Low: 0.8639). On the other end, September was the most stable month, with a tight range of 0.0107 CVE (High: 0.8376 / Low: 0.8269).

May Spread (Volatile) ±0.0829

September Spread (Stable) ±0.0107

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 0.0469 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.8894) against the same month in 2023 (average: 0.9491), the exchange rate shifted by -0.0596 (-6.28%).

2024 Avg (May) 0.8894

2023 Avg (May) 0.9491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9285	0.9071	0.9217
February	0.9388	0.9231	0.9317
March	0.9335	0.9182	0.9259
April	0.9464	0.9253	0.9363
May	0.9468	0.8639	0.8894
June	0.8806	0.8616	0.8730
July	0.8770	0.8583	0.8657
August	0.8732	0.8277	0.8489
September	0.8376	0.8269	0.8315
October	0.8567	0.8332	0.8471
November	0.8866	0.8469	0.8682
December	0.8893	0.8715	0.8809