2024 BDT to ETB Historical Review

YEARLY HIGH

1.0704 ETB

YEARLY LOW

0.4860 ETB

YEARLY AVERAGE

0.7066 ETB

2024 BDT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0704. Conversely, the yearly low was recorded on May 27, dropping to 0.4860.

This high-to-low spread represents a total annual volatility of 0.5845 ETB. From a start-to-finish perspective, comparing the January average rate of 0.5142 to the December average rate of 1.0601, the exchange rate registered a net change of 106.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0704 was up 105.94% compared to the 2023 peak of 0.5198, 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 5,352 ETB

2023 Average 2,534 ETB

Yearly Trough Low 2,430 ETB

Transaction Impact: A difference of 2,922.26 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1171

0.4324

JanuMarcMayJulySeptNove

BDT to ETB 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 0.5091, compared to 0.9041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3951 points.

H1 Avg (Jan–Jun) 0.5091

H2 Avg (Jul–Dec) 0.9041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2723 ETB (High: 0.9436 / Low: 0.6713). On the other end, March was the most stable month, with a tight range of 0.0038 ETB (High: 0.5185 / Low: 0.5146).

August Spread (Volatile) ±0.2723

March Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0196 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0601) against the same month in 2023 (average: 0.5105), the exchange rate shifted by +0.5496 (+107.67%).

2024 Avg (December) 1.0601

2023 Avg (December) 0.5105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5156	0.5107	0.5142
February	0.5170	0.5121	0.5158
March	0.5185	0.5146	0.5172
April	0.5229	0.5165	0.5187
May	0.5230	0.4860	0.4990
June	0.4916	0.4862	0.4895
July	0.6421	0.4879	0.4959
August	0.9436	0.6713	0.8703
September	1.0029	0.9229	0.9661
October	1.0214	0.9913	1.0066
November	1.0577	1.0050	1.0258
December	1.0704	1.0402	1.0601