YEARLY HIGH
0.0074 GBP
YEARLY LOW
0.0062 GBP
YEARLY AVERAGE
0.0068 GBP

2024 BDT to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0074. Conversely, the yearly low was recorded on September 24, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0012 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0066, the exchange rate registered a net change of -7.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0074 was down 8.81% compared to the 2023 peak of 0.0081, 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 37 GBP
2023 Average 37 GBP
Yearly Trough Low 31 GBP
Transaction Impact: A difference of 5.76 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0074
0.0062
JanuMarcMayJulySeptNove

BDT to GBP 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 0.0071, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0071
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 GBP (High: 0.0073 / Low: 0.0067). On the other end, January was the most stable month, with a tight range of 0.0001 GBP (High: 0.0072 / Low: 0.0071).

May Spread (Volatile) ±0.0006
January Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0073) against the same month in 2023 (average: 0.0076), the exchange rate shifted by -0.0003 (-3.75%).

2024 Avg (April) 0.0073
2023 Avg (April) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0071 0.0072
February 0.0073 0.0072 0.0072
March 0.0073 0.0071 0.0072
April 0.0074 0.0072 0.0073
May 0.0073 0.0067 0.0069
June 0.0067 0.0066 0.0067
July 0.0067 0.0065 0.0066
August 0.0067 0.0063 0.0065
September 0.0064 0.0062 0.0063
October 0.0065 0.0063 0.0064
November 0.0067 0.0064 0.0066
December 0.0067 0.0065 0.0066