YEARLY HIGH
0.4516 EGP
YEARLY LOW
0.2803 EGP
YEARLY AVERAGE
0.3917 EGP

2024 BDT to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.4516. Conversely, the yearly low was recorded on January 6, dropping to 0.2803.

This high-to-low spread represents a total annual volatility of 0.1713 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2815 to the December average rate of 0.4233, the exchange rate registered a net change of 50.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4516 was up 52.95% compared to the 2023 peak of 0.2953, 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 2,258 EGP
2023 Average 1,419 EGP
Yearly Trough Low 1,401 EGP
Transaction Impact: A difference of 856.71 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4512
0.2661
JanuMarcMayJulySeptNove

BDT to EGP 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 0.3713, compared to 0.4120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 0.3713
H2 Avg (Jul–Dec) 0.4120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1703 EGP (High: 0.4516 / Low: 0.2814). On the other end, February was the most stable month, with a tight range of 0.0014 EGP (High: 0.2825 / Low: 0.2811).

March Spread (Volatile) ±0.1703
February Spread (Stable) ±0.0014

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 0.0241 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4114) against the same month in 2023 (average: 0.2910), the exchange rate shifted by +0.1204 (+41.36%).

2024 Avg (March) 0.4114
2023 Avg (March) 0.2910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2822 0.2803 0.2815
February 0.2825 0.2811 0.2816
March 0.4516 0.2814 0.4114
April 0.4423 0.4296 0.4358
May 0.4382 0.3978 0.4117
June 0.4116 0.4013 0.4061
July 0.4135 0.4078 0.4101
August 0.4203 0.4057 0.4138
September 0.4075 0.4041 0.4053
October 0.4099 0.4026 0.4063
November 0.4165 0.4082 0.4131
December 0.4275 0.4160 0.4233