YEARLY HIGH
78.8712 GNF
YEARLY LOW
72.0762 GNF
YEARLY AVERAGE
74.7111 GNF

2024 BDT to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 78.8712. Conversely, the yearly low was recorded on November 10, dropping to 72.0762.

This high-to-low spread represents a total annual volatility of 6.7950 GNF. From a start-to-finish perspective, comparing the January average rate of 78.3280 to the December average rate of 72.2437, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 78.8712 was down 6.89% compared to the 2023 peak of 84.7060, 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 394,356 GNF
2023 Average 399,036 GNF
Yearly Trough Low 360,381 GNF
Transaction Impact: A difference of 33,975.20 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

78.9875
71.5606
JanuMarcMayJulySeptNove

BDT to GNF 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 76.8976, compared to 72.5247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3729 points.

H1 Avg (Jan–Jun) 76.8976
H2 Avg (Jul–Dec) 72.5247

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 5.1425 GNF (High: 78.3670 / Low: 73.2244). On the other end, June was the most stable month, with a tight range of 0.1669 GNF (High: 73.3561 / Low: 73.1892).

May Spread (Volatile) ±5.1425
June Spread (Stable) ±0.1669

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.5019 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.5019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 78.3686) against the same month in 2023 (average: 81.3210), the exchange rate shifted by -2.9525 (-3.63%).

2024 Avg (February) 78.3686
2023 Avg (February) 81.3210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 78.6097 78.1588 78.3280
February 78.8712 78.0841 78.3686
March 78.7077 78.2875 78.3439
April 78.5334 78.0780 78.3038
May 78.3670 73.2244 74.8018
June 73.3561 73.1892 73.2394
July 73.6105 73.0528 73.2830
August 73.4930 72.1206 72.9135
September 72.3892 72.1635 72.2939
October 72.6504 72.1668 72.2343
November 72.5082 72.0762 72.1795
December 72.3305 72.1153 72.2437