YEARLY HIGH
0.0065 JOD
YEARLY LOW
0.0059 JOD
YEARLY AVERAGE
0.0062 JOD

2024 BDT to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0065. Conversely, the yearly low was recorded on November 10, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0006 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0059, the exchange rate registered a net change of -8.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0065 was down 5.64% compared to the 2023 peak of 0.0069, 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 32 JOD
2023 Average 33 JOD
Yearly Trough Low 30 JOD
Transaction Impact: A difference of 2.93 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0065
0.0059
JanuMarcMayJulySeptNove

BDT to JOD 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 0.0063, compared to 0.0060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0060

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 JOD (High: 0.0065 / Low: 0.0060). On the other end, July was the most stable month, with a tight range of 0.0000 JOD (High: 0.0060 / Low: 0.0060).

May Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0065) against the same month in 2023 (average: 0.0067), the exchange rate shifted by -0.0002 (-3.56%).

2024 Avg (March) 0.0065
2023 Avg (March) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0064 0.0065
February 0.0065 0.0064 0.0065
March 0.0065 0.0064 0.0065
April 0.0065 0.0064 0.0065
May 0.0065 0.0060 0.0062
June 0.0060 0.0060 0.0060
July 0.0060 0.0060 0.0060
August 0.0061 0.0059 0.0060
September 0.0059 0.0059 0.0059
October 0.0059 0.0059 0.0059
November 0.0060 0.0059 0.0059
December 0.0060 0.0059 0.0059