YEARLY HIGH
0.3375 NIO
YEARLY LOW
0.3073 NIO
YEARLY AVERAGE
0.3191 NIO

2024 BDT to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.3375. Conversely, the yearly low was recorded on November 22, dropping to 0.3073.

This high-to-low spread represents a total annual volatility of 0.0302 NIO. From a start-to-finish perspective, comparing the January average rate of 0.3340 to the December average rate of 0.3079, the exchange rate registered a net change of -7.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3375 was down 4.53% compared to the 2023 peak of 0.3535, 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 1,688 NIO
2023 Average 1,692 NIO
Yearly Trough Low 1,537 NIO
Transaction Impact: A difference of 151.03 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3383
0.3051
JanuMarcMayJulySeptNove

BDT to NIO 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 0.3289, compared to 0.3094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.3289
H2 Avg (Jul–Dec) 0.3094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0223 NIO (High: 0.3355 / Low: 0.3132). On the other end, December was the most stable month, with a tight range of 0.0004 NIO (High: 0.3081 / Low: 0.3077).

May Spread (Volatile) ±0.0223
December Spread (Stable) ±0.0004

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 0.0154 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3355) against the same month in 2023 (average: 0.3441), the exchange rate shifted by -0.0086 (-2.49%).

2024 Avg (April) 0.3355
2023 Avg (April) 0.3441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3348 0.3334 0.3340
February 0.3357 0.3330 0.3350
March 0.3356 0.3344 0.3353
April 0.3375 0.3347 0.3355
May 0.3355 0.3132 0.3201
June 0.3137 0.3129 0.3132
July 0.3136 0.3124 0.3133
August 0.3140 0.3077 0.3113
September 0.3082 0.3074 0.3079
October 0.3081 0.3076 0.3079
November 0.3090 0.3073 0.3078
December 0.3081 0.3077 0.3079