YEARLY HIGH
0.5269 PHP
YEARLY LOW
0.4643 PHP
YEARLY AVERAGE
0.4968 PHP

2024 BDT to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.5269. Conversely, the yearly low was recorded on September 19, dropping to 0.4643.

This high-to-low spread represents a total annual volatility of 0.0626 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5100 to the December average rate of 0.4891, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5269 was down 2.63% compared to the 2023 peak of 0.5411, 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 2,634 PHP
2023 Average 2,575 PHP
Yearly Trough Low 2,321 PHP
Transaction Impact: A difference of 312.98 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5250
0.4637
JanuMarcMayJulySeptNove

BDT to PHP 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 0.5088, compared to 0.4849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.5088
H2 Avg (Jul–Dec) 0.4849

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0352 PHP (High: 0.5259 / Low: 0.4907). On the other end, July was the most stable month, with a tight range of 0.0050 PHP (High: 0.5005 / Low: 0.4955).

May Spread (Volatile) ±0.0352
July Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between September and November, 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 0.0171 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5199) against the same month in 2023 (average: 0.5206), the exchange rate shifted by -0.0007 (-0.13%).

2024 Avg (April) 0.5199
2023 Avg (April) 0.5206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5140 0.5034 0.5100
February 0.5137 0.5065 0.5104
March 0.5161 0.5042 0.5097
April 0.5269 0.5128 0.5199
May 0.5259 0.4907 0.5029
June 0.5021 0.4966 0.4997
July 0.5005 0.4955 0.4978
August 0.4976 0.4692 0.4821
September 0.4743 0.4643 0.4688
October 0.4885 0.4694 0.4807
November 0.4949 0.4865 0.4911
December 0.4973 0.4834 0.4891