2024 BDT to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BDT to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BDT to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.4891. Conversely, the yearly low was recorded on October 6, dropping to 1.0751.
This high-to-low spread represents a total annual volatility of 0.4140 KES. From a start-to-finish perspective, comparing the January average rate of 1.4561 to the December average rate of 1.0825, the exchange rate registered a net change of -25.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1.4891 was up 4.09% compared to the 2023 peak of 1.4306, 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 KES 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 1.2575, compared to 1.0855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1720 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 0.1807 KES (High: 1.4806 / Low: 1.2999). On the other end, September was the most stable month, with a tight range of 0.0031 KES (High: 1.0799 / Low: 1.0769).
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 February and March, when the average rate fell by 0.1358 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 1.4561) against the same month in 2023 (average: 1.1829), the exchange rate shifted by +0.2732 (+23.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4891 | 1.4236 | 1.4561 |
| February | 1.4806 | 1.2999 | 1.3896 |
| March | 1.3399 | 1.2028 | 1.2539 |
| April | 1.2253 | 1.1617 | 1.1968 |
| May | 1.2305 | 1.0930 | 1.1453 |
| June | 1.1186 | 1.0933 | 1.1034 |
| July | 1.1216 | 1.0820 | 1.0985 |
| August | 1.1070 | 1.0765 | 1.0929 |
| September | 1.0799 | 1.0769 | 1.0789 |
| October | 1.0817 | 1.0751 | 1.0791 |
| November | 1.0858 | 1.0762 | 1.0815 |
| December | 1.0859 | 1.0801 | 1.0825 |