YEARLY HIGH
0.0333 QAR
YEARLY LOW
0.0304 QAR
YEARLY AVERAGE
0.0316 QAR

2024 BDT to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.0333. Conversely, the yearly low was recorded on November 10, dropping to 0.0304.

This high-to-low spread represents a total annual volatility of 0.0029 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0332 to the December average rate of 0.0305, the exchange rate registered a net change of -8.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0333 was down 5.68% compared to the 2023 peak of 0.0353, 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 167 QAR
2023 Average 169 QAR
Yearly Trough Low 152 QAR
Transaction Impact: A difference of 14.62 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0335
0.0302
JanuMarcMayJulySeptNove

BDT to QAR 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 0.0326, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0326
H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0023 QAR (High: 0.0333 / Low: 0.0310). On the other end, July was the most stable month, with a tight range of 0.0001 QAR (High: 0.0311 / Low: 0.0310).

May Spread (Volatile) ±0.0023
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0332) against the same month in 2023 (average: 0.0344), the exchange rate shifted by -0.0012 (-3.62%).

2024 Avg (March) 0.0332
2023 Avg (March) 0.0344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0333 0.0331 0.0332
February 0.0333 0.0332 0.0332
March 0.0333 0.0331 0.0332
April 0.0332 0.0331 0.0332
May 0.0333 0.0310 0.0317
June 0.0313 0.0309 0.0310
July 0.0311 0.0310 0.0310
August 0.0312 0.0304 0.0308
September 0.0306 0.0304 0.0305
October 0.0305 0.0304 0.0305
November 0.0306 0.0304 0.0305
December 0.0305 0.0304 0.0305