2024 BDT to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |