2024 BDT to MGA Historical Review

YEARLY HIGH

41.9874 MGA

YEARLY LOW

37.6481 MGA

YEARLY AVERAGE

39.3356 MGA

2024 BDT to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 41.9874. Conversely, the yearly low was recorded on May 18, dropping to 37.6481.

This high-to-low spread represents a total annual volatility of 4.3394 MGA. From a start-to-finish perspective, comparing the January average rate of 41.5912 to the December average rate of 39.3389, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.9874 was down 3.71% compared to the 2023 peak of 43.6067, 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 209,937 MGA

2023 Average 206,011 MGA

Yearly Trough Low 188,240 MGA

Transaction Impact: A difference of 21,696.82 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.9496

37.6491

JanuMarcMayJulySeptNove

BDT to MGA 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 40.0659, compared to 38.6052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4607 points.

H1 Avg (Jan–Jun) 40.0659

H2 Avg (Jul–Dec) 38.6052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.9204 MGA (High: 40.5685 / Low: 37.6481). On the other end, February was the most stable month, with a tight range of 0.3258 MGA (High: 41.5063 / Low: 41.1805).

May Spread (Volatile) ±2.9204

February Spread (Stable) ±0.3258

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 1.4831 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 41.5912) against the same month in 2023 (average: 41.9845), the exchange rate shifted by -0.3933 (-0.94%).

2024 Avg (January) 41.5912

2023 Avg (January) 41.9845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.9874	41.2145	41.5912
February	41.5063	41.1805	41.3586
March	41.2461	39.7321	40.7275
April	40.4789	39.6416	40.0672
May	40.5685	37.6481	38.5841
June	38.5771	37.7447	38.0670
July	38.8464	37.9485	38.3508
August	39.3393	38.1416	38.6294
September	38.1914	37.7768	38.0075
October	38.6581	37.9730	38.3909
November	39.2568	38.5131	38.9140
December	39.5852	38.9348	39.3389