YEARLY HIGH
0.0716 HKD
YEARLY LOW
0.0647 HKD
YEARLY AVERAGE
0.0677 HKD

2024 BDT to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0716. Conversely, the yearly low was recorded on November 10, dropping to 0.0647.

This high-to-low spread represents a total annual volatility of 0.0069 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0712 to the December average rate of 0.0651, the exchange rate registered a net change of -8.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0716 was down 5.32% compared to the 2023 peak of 0.0756, 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 358 HKD
2023 Average 362 HKD
Yearly Trough Low 324 HKD
Transaction Impact: A difference of 34.53 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0720
0.0643
JanuMarcMayJulySeptNove

BDT to HKD 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 0.0699, compared to 0.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0699
H2 Avg (Jul–Dec) 0.0655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0049 HKD (High: 0.0714 / Low: 0.0664). On the other end, July was the most stable month, with a tight range of 0.0003 HKD (High: 0.0667 / Low: 0.0664).

May Spread (Volatile) ±0.0049
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0713) against the same month in 2023 (average: 0.0741), the exchange rate shifted by -0.0028 (-3.79%).

2024 Avg (March) 0.0713
2023 Avg (March) 0.0741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0714 0.0710 0.0712
February 0.0715 0.0706 0.0713
March 0.0716 0.0711 0.0713
April 0.0716 0.0712 0.0714
May 0.0714 0.0664 0.0680
June 0.0667 0.0661 0.0665
July 0.0667 0.0664 0.0665
August 0.0670 0.0651 0.0660
September 0.0654 0.0651 0.0652
October 0.0651 0.0647 0.0650
November 0.0654 0.0647 0.0651
December 0.0653 0.0649 0.0651