YEARLY HIGH
0.0348 ILS
YEARLY LOW
0.0298 ILS
YEARLY AVERAGE
0.0321 ILS

2024 BDT to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0348. Conversely, the yearly low was recorded on December 9, dropping to 0.0298.

This high-to-low spread represents a total annual volatility of 0.0050 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0303, the exchange rate registered a net change of -10.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0348 was down 5.99% compared to the 2023 peak of 0.0370, 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 174 ILS
2023 Average 171 ILS
Yearly Trough Low 149 ILS
Transaction Impact: A difference of 24.94 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0347
0.0299
JanuMarcMayJulySeptNove

BDT to ILS 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 0.0331, compared to 0.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0331
H2 Avg (Jul–Dec) 0.0312

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0030 ILS (High: 0.0342 / Low: 0.0312). On the other end, June was the most stable month, with a tight range of 0.0008 ILS (High: 0.0321 / Low: 0.0313).

May Spread (Volatile) ±0.0030
June Spread (Stable) ±0.0008

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 0.0020 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0343) against the same month in 2023 (average: 0.0342), the exchange rate shifted by +0.0000 (+0.03%).

2024 Avg (April) 0.0343
2023 Avg (April) 0.0342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0327 0.0338
February 0.0337 0.0325 0.0332
March 0.0337 0.0325 0.0331
April 0.0348 0.0335 0.0343
May 0.0342 0.0312 0.0322
June 0.0321 0.0313 0.0318
July 0.0321 0.0307 0.0313
August 0.0326 0.0303 0.0315
September 0.0317 0.0303 0.0312
October 0.0318 0.0309 0.0315
November 0.0314 0.0304 0.0311
December 0.0308 0.0298 0.0303