2024 BDT to GEL Historical Review

YEARLY HIGH

0.0247 GEL

YEARLY LOW

0.0224 GEL

YEARLY AVERAGE

0.0236 GEL

2024 BDT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0247. Conversely, the yearly low was recorded on September 19, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0023 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0244 to the December average rate of 0.0236, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0247 was down 5.49% compared to the 2023 peak of 0.0262, 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 124 GEL

2023 Average 121 GEL

Yearly Trough Low 112 GEL

Transaction Impact: A difference of 11.61 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0246

0.0224

JanuMarcMayJulySeptNove

BDT to GEL 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 0.0241, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0241

H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0016 GEL (High: 0.0244 / Low: 0.0228). On the other end, October was the most stable month, with a tight range of 0.0003 GEL (High: 0.0230 / Low: 0.0227).

May Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0244) against the same month in 2023 (average: 0.0244), the exchange rate shifted by +0.0000 (+0.08%).

2024 Avg (March) 0.0244

2023 Avg (March) 0.0244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0246	0.0242	0.0244
February	0.0243	0.0240	0.0242
March	0.0247	0.0241	0.0244
April	0.0246	0.0242	0.0244
May	0.0244	0.0228	0.0236
June	0.0245	0.0236	0.0240
July	0.0238	0.0230	0.0233
August	0.0232	0.0225	0.0228
September	0.0229	0.0224	0.0226
October	0.0230	0.0227	0.0228
November	0.0236	0.0226	0.0229
December	0.0240	0.0234	0.0236