YEARLY HIGH
0.1312 SCR
YEARLY LOW
0.1072 SCR
YEARLY AVERAGE
0.1186 SCR

2024 BDT to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.1312. Conversely, the yearly low was recorded on September 24, dropping to 0.1072.

This high-to-low spread represents a total annual volatility of 0.0240 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1220 to the December average rate of 0.1182, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1312 was down 3.21% compared to the 2023 peak of 0.1355, 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 656 SCR
2023 Average 622 SCR
Yearly Trough Low 536 SCR
Transaction Impact: A difference of 119.85 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1251
0.1114
JanuMarcMayJulySeptNove

BDT to SCR 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 0.1215, compared to 0.1157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1215
H2 Avg (Jul–Dec) 0.1157

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0217 SCR (High: 0.1290 / Low: 0.1073). On the other end, July was the most stable month, with a tight range of 0.0051 SCR (High: 0.1201 / Low: 0.1150).

August Spread (Volatile) ±0.0217
July Spread (Stable) ±0.0051

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 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1239) against the same month in 2023 (average: 0.1273), the exchange rate shifted by -0.0035 (-2.72%).

2024 Avg (April) 0.1239
2023 Avg (April) 0.1273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1265 0.1190 0.1220
February 0.1259 0.1201 0.1226
March 0.1298 0.1215 0.1239
April 0.1312 0.1222 0.1239
May 0.1260 0.1154 0.1189
June 0.1252 0.1154 0.1176
July 0.1201 0.1150 0.1174
August 0.1290 0.1073 0.1162
September 0.1168 0.1072 0.1125
October 0.1259 0.1094 0.1147
November 0.1196 0.1121 0.1150
December 0.1264 0.1114 0.1182