2024 BDT to NOK Historical Review

YEARLY HIGH

0.1013 NOK

YEARLY LOW

0.0870 NOK

YEARLY AVERAGE

0.0933 NOK

2024 BDT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1013. Conversely, the yearly low was recorded on September 24, dropping to 0.0870.

This high-to-low spread represents a total annual volatility of 0.0143 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0948 to the December average rate of 0.0940, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1013 was down 2.86% compared to the 2023 peak of 0.1043, 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 506 NOK

2023 Average 489 NOK

Yearly Trough Low 435 NOK

Transaction Impact: A difference of 71.59 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1005

0.0877

JanuMarcMayJulySeptNove

BDT to NOK 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 0.0952, compared to 0.0914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0952

H2 Avg (Jul–Dec) 0.0914

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0112 NOK (High: 0.1006 / Low: 0.0893). On the other end, June was the most stable month, with a tight range of 0.0021 NOK (High: 0.0912 / Low: 0.0890).

May Spread (Volatile) ±0.0112

June Spread (Stable) ±0.0021

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 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0994) against the same month in 2023 (average: 0.0990), the exchange rate shifted by +0.0004 (+0.43%).

2024 Avg (April) 0.0994

2023 Avg (April) 0.0990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0960	0.0925	0.0948
February	0.0973	0.0952	0.0961
March	0.0990	0.0950	0.0968
April	0.1013	0.0972	0.0994
May	0.1006	0.0893	0.0935
June	0.0912	0.0890	0.0904
July	0.0939	0.0898	0.0919
August	0.0941	0.0875	0.0905
September	0.0909	0.0870	0.0888
October	0.0921	0.0885	0.0905
November	0.0936	0.0910	0.0924
December	0.0957	0.0923	0.0940