2024 BDT to NPR Historical Review

YEARLY HIGH

1.2246 NPR

YEARLY LOW

1.1186 NPR

YEARLY AVERAGE

1.1610 NPR

2024 BDT to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.2246. Conversely, the yearly low was recorded on September 23, dropping to 1.1186.

This high-to-low spread represents a total annual volatility of 0.1060 NPR. From a start-to-finish perspective, comparing the January average rate of 1.2117 to the December average rate of 1.1375, the exchange rate registered a net change of -6.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2246 was down 4.57% compared to the 2023 peak of 1.2832, 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 6,123 NPR

2023 Average 6,114 NPR

Yearly Trough Low 5,593 NPR

Transaction Impact: A difference of 530.08 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2248

1.1127

JanuMarcMayJulySeptNove

BDT to NPR 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 1.1909, compared to 1.1311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0598 points.

H1 Avg (Jan–Jun) 1.1909

H2 Avg (Jul–Dec) 1.1311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0907 NPR (High: 1.2235 / Low: 1.1328). On the other end, October was the most stable month, with a tight range of 0.0046 NPR (High: 1.1268 / Low: 1.1222).

May Spread (Volatile) ±0.0907

October Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between September and December, 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 0.0545 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.2117) against the same month in 2023 (average: 1.2494), the exchange rate shifted by -0.0377 (-3.02%).

2024 Avg (January) 1.2117

2023 Avg (January) 1.2494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2246	1.2075	1.2117
February	1.2167	1.2072	1.2099
March	1.2216	1.2053	1.2104
April	1.2190	1.2116	1.2155
May	1.2235	1.1328	1.1610
June	1.1390	1.1326	1.1367
July	1.1402	1.1356	1.1382
August	1.1443	1.1225	1.1347
September	1.1249	1.1186	1.1221
October	1.1268	1.1222	1.1250
November	1.1329	1.1249	1.1291
December	1.1463	1.1325	1.1375