YEARLY HIGH
0.3367 SRD
YEARLY LOW
0.2405 SRD
YEARLY AVERAGE
0.2881 SRD

2024 BDT to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.3367. Conversely, the yearly low was recorded on August 29, dropping to 0.2405.

This high-to-low spread represents a total annual volatility of 0.0962 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3343 to the December average rate of 0.2948, the exchange rate registered a net change of -11.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3367 was down 5.45% compared to the 2023 peak of 0.3561, 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 1,683 SRD
2023 Average 1,694 SRD
Yearly Trough Low 1,202 SRD
Transaction Impact: A difference of 480.98 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3434
0.2346
JanuMarcMayJulySeptNove

BDT to SRD 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 0.3086, compared to 0.2677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0409 points.

H1 Avg (Jan–Jun) 0.3086
H2 Avg (Jul–Dec) 0.2677

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0344 SRD (High: 0.3081 / Low: 0.2738). On the other end, December was the most stable month, with a tight range of 0.0037 SRD (High: 0.2968 / Low: 0.2931).

May Spread (Volatile) ±0.0344
December Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0314 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3343) against the same month in 2023 (average: 0.3036), the exchange rate shifted by +0.0307 (+10.13%).

2024 Avg (January) 0.3343
2023 Avg (January) 0.3036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3367 0.3320 0.3343
February 0.3353 0.3216 0.3294
March 0.3236 0.3175 0.3212
April 0.3199 0.3080 0.3155
May 0.3081 0.2738 0.2841
June 0.2746 0.2605 0.2669
July 0.2624 0.2455 0.2528
August 0.2477 0.2405 0.2436
September 0.2570 0.2415 0.2485
October 0.2878 0.2567 0.2720
November 0.2976 0.2875 0.2944
December 0.2968 0.2931 0.2948