2024 BDT to MVR Historical Review

YEARLY HIGH

0.1417 MVR

YEARLY LOW

0.1279 MVR

YEARLY AVERAGE

0.1336 MVR

2024 BDT to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1417. Conversely, the yearly low was recorded on October 6, dropping to 0.1279.

This high-to-low spread represents a total annual volatility of 0.0138 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1404 to the December average rate of 0.1290, the exchange rate registered a net change of -8.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1417 was down 5.10% compared to the 2023 peak of 0.1493, 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 708 MVR

2023 Average 712 MVR

Yearly Trough Low 640 MVR

Transaction Impact: A difference of 68.76 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1421

0.1272

JanuMarcMayJulySeptNove

BDT to MVR 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 0.1379, compared to 0.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1379

H2 Avg (Jul–Dec) 0.1294

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0097 MVR (High: 0.1413 / Low: 0.1315). On the other end, September was the most stable month, with a tight range of 0.0006 MVR (High: 0.1289 / Low: 0.1283).

May Spread (Volatile) ±0.0097

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1407) against the same month in 2023 (average: 0.1452), the exchange rate shifted by -0.0045 (-3.11%).

2024 Avg (March) 0.1407

2023 Avg (March) 0.1452

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1407	0.1399	0.1404
February	0.1406	0.1390	0.1402
March	0.1417	0.1400	0.1407
April	0.1411	0.1405	0.1409
May	0.1413	0.1315	0.1342
June	0.1317	0.1298	0.1310
July	0.1319	0.1306	0.1311
August	0.1319	0.1281	0.1301
September	0.1289	0.1283	0.1285
October	0.1286	0.1279	0.1284
November	0.1299	0.1285	0.1291
December	0.1296	0.1287	0.1290