YEARLY HIGH
0.1636 MDL
YEARLY LOW
0.1440 MDL
YEARLY AVERAGE
0.1538 MDL

2024 BDT to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.1636. Conversely, the yearly low was recorded on August 29, dropping to 0.1440.

This high-to-low spread represents a total annual volatility of 0.0196 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1606 to the December average rate of 0.1533, the exchange rate registered a net change of -4.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1636 was down 11.89% compared to the 2023 peak of 0.1856, 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 818 MDL
2023 Average 838 MDL
Yearly Trough Low 720 MDL
Transaction Impact: A difference of 97.91 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1638
0.1437
JanuMarcMayJulySeptNove

BDT to MDL 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 0.1583, compared to 0.1494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.1583
H2 Avg (Jul–Dec) 0.1494

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0116 MDL (High: 0.1614 / Low: 0.1498). On the other end, December was the most stable month, with a tight range of 0.0018 MDL (High: 0.1543 / Low: 0.1525).

May Spread (Volatile) ±0.0116
December Spread (Stable) ±0.0018

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 0.0079 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1616) against the same month in 2023 (average: 0.1700), the exchange rate shifted by -0.0084 (-4.94%).

2024 Avg (April) 0.1616
2023 Avg (April) 0.1700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1618 0.1575 0.1606
February 0.1631 0.1607 0.1622
March 0.1619 0.1599 0.1609
April 0.1636 0.1602 0.1616
May 0.1614 0.1498 0.1537
June 0.1524 0.1494 0.1508
July 0.1517 0.1496 0.1507
August 0.1514 0.1440 0.1479
September 0.1464 0.1445 0.1454
October 0.1502 0.1454 0.1479
November 0.1532 0.1487 0.1510
December 0.1543 0.1525 0.1533