YEARLY HIGH
0.5422 DOP
YEARLY LOW
0.4973 DOP
YEARLY AVERAGE
0.5155 DOP

2024 BDT to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.5422. Conversely, the yearly low was recorded on May 12, dropping to 0.4973.

This high-to-low spread represents a total annual volatility of 0.0449 DOP. From a start-to-finish perspective, comparing the January average rate of 0.5340 to the December average rate of 0.5080, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5422 was down 0.80% compared to the 2023 peak of 0.5466, 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 2,711 DOP
2023 Average 2,592 DOP
Yearly Trough Low 2,487 DOP
Transaction Impact: A difference of 224.28 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5422
0.4984
JanuMarcMayJulySeptNove

BDT to DOP 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 0.5264, compared to 0.5046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 0.5264
H2 Avg (Jul–Dec) 0.5046

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0330 DOP (High: 0.5304 / Low: 0.4973). On the other end, November was the most stable month, with a tight range of 0.0026 DOP (High: 0.5061 / Low: 0.5036).

May Spread (Volatile) ±0.0330
November Spread (Stable) ±0.0026

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 0.0296 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0296

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5385) against the same month in 2023 (average: 0.5154), the exchange rate shifted by +0.0231 (+4.49%).

2024 Avg (April) 0.5385
2023 Avg (April) 0.5154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5379 0.5283 0.5340
February 0.5370 0.5322 0.5347
March 0.5410 0.5344 0.5380
April 0.5422 0.5330 0.5385
May 0.5304 0.4973 0.5089
June 0.5098 0.5020 0.5043
July 0.5050 0.5016 0.5035
August 0.5095 0.4982 0.5043
September 0.5058 0.4990 0.5021
October 0.5067 0.5032 0.5045
November 0.5061 0.5036 0.5049
December 0.5113 0.5054 0.5080