2024 BDT to MMK Historical Review

YEARLY HIGH

27.6524 MMK

YEARLY LOW

17.4592 MMK

YEARLY AVERAGE

18.3986 MMK

2024 BDT to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 27.6524. Conversely, the yearly low was recorded on November 10, dropping to 17.4592.

This high-to-low spread represents a total annual volatility of 10.1933 MMK. From a start-to-finish perspective, comparing the January average rate of 19.1339 to the December average rate of 17.5615, the exchange rate registered a net change of -8.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.6524 was up 35.83% compared to the 2023 peak of 20.3585, 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 138,262 MMK

2023 Average 97,183 MMK

Yearly Trough Low 87,296 MMK

Transaction Impact: A difference of 50,966.27 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.5608

17.3616

JanuMarcMayJulySeptNove

BDT to MMK 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 18.9068, compared to 17.8904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0164 points.

H1 Avg (Jan–Jun) 18.9068

H2 Avg (Jul–Dec) 17.8904

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 9.8034 MMK (High: 27.6524 / Low: 17.8490). On the other end, February was the most stable month, with a tight range of 0.0046 MMK (High: 19.1367 / Low: 19.1322).

July Spread (Volatile) ±9.8034

February Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.6262 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 19.3776) against the same month in 2023 (average: 19.3488), the exchange rate shifted by +0.0287 (+0.15%).

2024 Avg (July) 19.3776

2023 Avg (July) 19.3488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.1355	19.1190	19.1339
February	19.1367	19.1322	19.1342
March	19.1586	19.1330	19.1349
April	19.1371	19.0961	19.1329
May	19.1347	17.8867	18.2738
June	21.1421	17.7453	18.6312
July	27.6524	17.8490	19.3776
August	18.0179	17.5079	17.7513
September	17.6008	17.5266	17.5536
October	17.5701	17.4847	17.5449
November	17.6368	17.4592	17.5536
December	17.6272	17.5303	17.5615