YEARLY HIGH
0.7651 INR
YEARLY LOW
0.6984 INR
YEARLY AVERAGE
0.7258 INR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BDT based on timing:

Yearly Peak High 3,826 INR
2023 Average 3,822 INR
Yearly Trough Low 3,492 INR
Transaction Impact: A difference of 333.63 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7662
0.6952
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 0.7445
H2 Avg (Jul–Dec) 0.7071

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±0.0540
July Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (March) 0.7573
2023 Avg (March) 0.7768

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