2024 BDT to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BDT to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BDT to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.7651. Conversely, the yearly low was recorded on September 21, dropping to 0.6984.
This high-to-low spread represents a total annual volatility of 0.0667 INR. From a start-to-finish perspective, comparing the January average rate of 0.7574 to the December average rate of 0.7115, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 0.7651 was down 4.61% compared to the 2023 peak of 0.8021, 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 INR 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 0.7445, compared to 0.7071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0374 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.0540 INR (High: 0.7618 / Low: 0.7078). On the other end, July was the most stable month, with a tight range of 0.0033 INR (High: 0.7131 / Low: 0.7098).
Growth Streaks & Declines
TrendsBetween September and December, 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 0.0347 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 0.7573) against the same month in 2023 (average: 0.7768), the exchange rate shifted by -0.0196 (-2.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.7600 | 0.7556 | 0.7574 |
| February | 0.7571 | 0.7494 | 0.7559 |
| March | 0.7651 | 0.7534 | 0.7573 |
| April | 0.7637 | 0.7581 | 0.7603 |
| May | 0.7618 | 0.7078 | 0.7256 |
| June | 0.7127 | 0.7065 | 0.7106 |
| July | 0.7131 | 0.7098 | 0.7117 |
| August | 0.7191 | 0.7001 | 0.7097 |
| September | 0.7046 | 0.6984 | 0.7011 |
| October | 0.7042 | 0.7003 | 0.7028 |
| November | 0.7095 | 0.7022 | 0.7059 |
| December | 0.7184 | 0.7077 | 0.7115 |