YEARLY HIGH
0.1761 NAD
YEARLY LOW
0.1438 NAD
YEARLY AVERAGE
0.1592 NAD

2024 BDT to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1761. Conversely, the yearly low was recorded on September 29, dropping to 0.1438.

This high-to-low spread represents a total annual volatility of 0.0323 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1712 to the December average rate of 0.1526, the exchange rate registered a net change of -10.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1761 was down 4.27% compared to the 2023 peak of 0.1840, 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 880 NAD
2023 Average 856 NAD
Yearly Trough Low 719 NAD
Transaction Impact: A difference of 161.63 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1754
0.1444
JanuMarcMayJulySeptNove

BDT to NAD 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 0.1675, compared to 0.1508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.1675
H2 Avg (Jul–Dec) 0.1508

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0154 NAD (High: 0.1698 / Low: 0.1544). On the other end, October was the most stable month, with a tight range of 0.0036 NAD (High: 0.1484 / Low: 0.1448).

May Spread (Volatile) ±0.0154
October Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between October and December, 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 0.0121 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1729) against the same month in 2023 (average: 0.1682), the exchange rate shifted by +0.0046 (+2.76%).

2024 Avg (February) 0.1729
2023 Avg (February) 0.1682

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1748 0.1683 0.1712
February 0.1761 0.1682 0.1729
March 0.1746 0.1693 0.1719
April 0.1751 0.1684 0.1722
May 0.1698 0.1544 0.1601
June 0.1621 0.1525 0.1569
July 0.1571 0.1531 0.1552
August 0.1581 0.1476 0.1526
September 0.1504 0.1438 0.1474
October 0.1484 0.1448 0.1470
November 0.1527 0.1458 0.1500
December 0.1578 0.1477 0.1526