YEARLY HIGH
0.1373 GHS
YEARLY LOW
0.1085 GHS
YEARLY AVERAGE
0.1252 GHS

2024 BDT to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.1373. Conversely, the yearly low was recorded on January 6, dropping to 0.1085.

This high-to-low spread represents a total annual volatility of 0.0288 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1098 to the December average rate of 0.1237, the exchange rate registered a net change of 12.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1373 was up 12.14% compared to the 2023 peak of 0.1224, 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 686 GHS
2023 Average 541 GHS
Yearly Trough Low 542 GHS
Transaction Impact: A difference of 144.18 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1366
0.1073
JanuMarcMayJulySeptNove

BDT to GHS 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 0.1192, compared to 0.1311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.1192
H2 Avg (Jul–Dec) 0.1311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0088 GHS (High: 0.1373 / Low: 0.1285). On the other end, September was the most stable month, with a tight range of 0.0013 GHS (High: 0.1321 / Low: 0.1309).

November Spread (Volatile) ±0.0088
September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0104 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1342) against the same month in 2023 (average: 0.1083), the exchange rate shifted by +0.0259 (+23.96%).

2024 Avg (November) 0.1342
2023 Avg (November) 0.1083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1126 0.1085 0.1098
February 0.1152 0.1125 0.1135
March 0.1208 0.1154 0.1179
April 0.1244 0.1207 0.1225
May 0.1269 0.1188 0.1236
June 0.1298 0.1256 0.1281
July 0.1324 0.1302 0.1313
August 0.1332 0.1305 0.1320
September 0.1321 0.1309 0.1314
October 0.1364 0.1324 0.1339
November 0.1373 0.1285 0.1342
December 0.1288 0.1226 0.1237