YEARLY HIGH
0.4353 MUR
YEARLY LOW
0.3819 MUR
YEARLY AVERAGE
0.4007 MUR

2024 BDT to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.4353. Conversely, the yearly low was recorded on September 25, dropping to 0.3819.

This high-to-low spread represents a total annual volatility of 0.0534 MUR. From a start-to-finish perspective, comparing the January average rate of 0.4071 to the December average rate of 0.3921, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4353 was down 3.00% compared to the 2023 peak of 0.4487, 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 2,176 MUR
2023 Average 2,088 MUR
Yearly Trough Low 1,909 MUR
Transaction Impact: A difference of 266.94 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4273
0.3810
JanuMarcMayJulySeptNove

BDT to MUR 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 0.4108, compared to 0.3905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 0.4108
H2 Avg (Jul–Dec) 0.3905

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0386 MUR (High: 0.4238 / Low: 0.3852). On the other end, July was the most stable month, with a tight range of 0.0059 MUR (High: 0.4016 / Low: 0.3957).

March Spread (Volatile) ±0.0386
July Spread (Stable) ±0.0059

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 0.0220 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4234) against the same month in 2023 (average: 0.4253), the exchange rate shifted by -0.0019 (-0.45%).

2024 Avg (April) 0.4234
2023 Avg (April) 0.4253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4182 0.4010 0.4071
February 0.4282 0.4103 0.4177
March 0.4238 0.3852 0.4185
April 0.4353 0.4197 0.4234
May 0.4226 0.3914 0.4014
June 0.4021 0.3873 0.3966
July 0.4016 0.3957 0.3978
August 0.4015 0.3851 0.3920
September 0.3903 0.3819 0.3848
October 0.3900 0.3839 0.3866
November 0.3970 0.3833 0.3898
December 0.3966 0.3891 0.3921