2024 BDT to LKR Historical Review

YEARLY HIGH

2.9515 LKR

YEARLY LOW

2.4281 LKR

YEARLY AVERAGE

2.6206 LKR

2024 BDT to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.9515. Conversely, the yearly low was recorded on December 12, dropping to 2.4281.

This high-to-low spread represents a total annual volatility of 0.5234 LKR. From a start-to-finish perspective, comparing the January average rate of 2.9255 to the December average rate of 2.4417, the exchange rate registered a net change of -16.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9515 was down 17.16% compared to the 2023 peak of 3.5627, 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 14,757 LKR

2023 Average 15,213 LKR

Yearly Trough Low 12,141 LKR

Transaction Impact: A difference of 2,616.84 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9739

2.3934

JanuMarcMayJulySeptNove

BDT to LKR 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 2.7447, compared to 2.4964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2483 points.

H1 Avg (Jan–Jun) 2.7447

H2 Avg (Jul–Dec) 2.4964

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1896 LKR (High: 2.7358 / Low: 2.5462). On the other end, October was the most stable month, with a tight range of 0.0200 LKR (High: 2.4694 / Low: 2.4495).

May Spread (Volatile) ±0.1896

October Spread (Stable) ±0.0200

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1204 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.9255) against the same month in 2023 (average: 3.4901), the exchange rate shifted by -0.5646 (-16.18%).

2024 Avg (January) 2.9255

2023 Avg (January) 3.4901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9515	2.8794	2.9255
February	2.8794	2.8221	2.8453
March	2.8265	2.7376	2.7804
April	2.7520	2.6970	2.7252
May	2.7358	2.5462	2.6048
June	2.6043	2.5626	2.5873
July	2.6019	2.5727	2.5841
August	2.5828	2.5037	2.5382
September	2.5531	2.4796	2.5172
October	2.4694	2.4495	2.4547
November	2.4533	2.4323	2.4426
December	2.4778	2.4281	2.4417