YEARLY HIGH
0.0640 DKK
YEARLY LOW
0.0557 DKK
YEARLY AVERAGE
0.0598 DKK

2024 BDT to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0640. Conversely, the yearly low was recorded on September 24, dropping to 0.0557.

This high-to-low spread represents a total annual volatility of 0.0083 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0623 to the December average rate of 0.0596, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0640 was down 6.10% compared to the 2023 peak of 0.0682, 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 320 DKK
2023 Average 319 DKK
Yearly Trough Low 279 DKK
Transaction Impact: A difference of 41.46 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0642
0.0555
JanuMarcMayJulySeptNove

BDT to DKK 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 0.0617, compared to 0.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0617
H2 Avg (Jul–Dec) 0.0579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0049 DKK (High: 0.0634 / Low: 0.0585). On the other end, September was the most stable month, with a tight range of 0.0010 DKK (High: 0.0567 / Low: 0.0557).

May Spread (Volatile) ±0.0049
September Spread (Stable) ±0.0010

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 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0634) against the same month in 2023 (average: 0.0641), the exchange rate shifted by -0.0006 (-0.99%).

2024 Avg (April) 0.0634
2023 Avg (April) 0.0641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0630 0.0614 0.0623
February 0.0634 0.0624 0.0629
March 0.0632 0.0620 0.0626
April 0.0640 0.0626 0.0634
May 0.0634 0.0585 0.0601
June 0.0595 0.0583 0.0590
July 0.0591 0.0581 0.0585
August 0.0589 0.0558 0.0573
September 0.0567 0.0557 0.0562
October 0.0579 0.0565 0.0573
November 0.0599 0.0571 0.0587
December 0.0603 0.0589 0.0596