YEARLY HIGH
0.0343 SAR
YEARLY LOW
0.0312 SAR
YEARLY AVERAGE
0.0326 SAR

2024 BDT to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0343. Conversely, the yearly low was recorded on November 10, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0031 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0314, the exchange rate registered a net change of -7.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0343 was down 5.85% compared to the 2023 peak of 0.0365, 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 172 SAR
2023 Average 174 SAR
Yearly Trough Low 156 SAR
Transaction Impact: A difference of 15.38 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0345
0.0311
JanuMarcMayJulySeptNove

BDT to SAR 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 0.0335, compared to 0.0316 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) 0.0335
H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0024 SAR (High: 0.0343 / Low: 0.0319). On the other end, July was the most stable month, with a tight range of 0.0001 SAR (High: 0.0320 / Low: 0.0319).

May Spread (Volatile) ±0.0024
July Spread (Stable) ±0.0001

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 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0342) against the same month in 2023 (average: 0.0355), the exchange rate shifted by -0.0013 (-3.60%).

2024 Avg (March) 0.0342
2023 Avg (March) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0343 0.0341 0.0342
February 0.0342 0.0339 0.0342
March 0.0343 0.0341 0.0342
April 0.0343 0.0341 0.0342
May 0.0343 0.0319 0.0326
June 0.0320 0.0317 0.0319
July 0.0320 0.0319 0.0319
August 0.0321 0.0313 0.0317
September 0.0315 0.0313 0.0314
October 0.0314 0.0313 0.0314
November 0.0316 0.0312 0.0314
December 0.0316 0.0314 0.0314