YEARLY HIGH
194.5902 LAK
YEARLY LOW
181.3393 LAK
YEARLY AVERAGE
187.1014 LAK

2024 BDT to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 194.5902. Conversely, the yearly low was recorded on May 18, dropping to 181.3393.

This high-to-low spread represents a total annual volatility of 13.2509 LAK. From a start-to-finish perspective, comparing the January average rate of 188.1698 to the December average rate of 183.2339, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 194.5902 was up 3.19% compared to the 2023 peak of 188.5685, 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 972,951 LAK
2023 Average 864,486 LAK
Yearly Trough Low 906,696 LAK
Transaction Impact: A difference of 66,254.64 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

194.6655
182.1947
JanuMarcMayJulySeptNove

BDT to LAK 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 188.9969, compared to 185.2059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7910 points.

H1 Avg (Jan–Jun) 188.9969
H2 Avg (Jul–Dec) 185.2059

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 13.2509 LAK (High: 194.5902 / Low: 181.3393). On the other end, December was the most stable month, with a tight range of 0.8491 LAK (High: 183.7289 / Low: 182.8798).

May Spread (Volatile) ±13.2509
December Spread (Stable) ±0.8491

Growth Streaks & Declines

Trends

Between January and April, 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 7.7164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.7164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 185.9099) against the same month in 2023 (average: 163.8538), the exchange rate shifted by +22.0561 (+13.46%).

2024 Avg (May) 185.9099
2023 Avg (May) 163.8538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 189.1523 187.0111 188.1698
February 190.3063 188.9801 189.9066
March 192.4351 189.8073 190.7586
April 194.5279 192.3175 193.6263
May 194.5902 181.3393 185.9099
June 187.8587 183.0077 185.6101
July 188.8602 187.8938 188.4377
August 189.2183 184.5839 187.1613
September 185.6990 184.4421 184.9173
October 185.7741 182.9838 183.8628
November 184.5225 183.0329 183.6221
December 183.7289 182.8798 183.2339