YEARLY HIGH
0.0256 WST
YEARLY LOW
0.0233 WST
YEARLY AVERAGE
0.0243 WST

2024 BDT to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0256. Conversely, the yearly low was recorded on November 10, dropping to 0.0233.

This high-to-low spread represents a total annual volatility of 0.0023 WST. From a start-to-finish perspective, comparing the January average rate of 0.0255 to the December average rate of 0.0234, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0256 was down 2.00% compared to the 2023 peak of 0.0261, 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 128 WST
2023 Average 126 WST
Yearly Trough Low 117 WST
Transaction Impact: A difference of 11.62 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0257
0.0232
JanuMarcMayJulySeptNove

BDT to WST 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 0.0250, compared to 0.0235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0250
H2 Avg (Jul–Dec) 0.0235

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0018 WST (High: 0.0256 / Low: 0.0238). On the other end, July was the most stable month, with a tight range of 0.0001 WST (High: 0.0239 / Low: 0.0238).

May Spread (Volatile) ±0.0018
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0255) against the same month in 2023 (average: 0.0255), the exchange rate shifted by +0.0000 (+0.15%).

2024 Avg (March) 0.0255
2023 Avg (March) 0.0255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0256 0.0254 0.0255
February 0.0256 0.0253 0.0255
March 0.0256 0.0254 0.0255
April 0.0256 0.0254 0.0255
May 0.0256 0.0238 0.0244
June 0.0239 0.0237 0.0238
July 0.0239 0.0238 0.0238
August 0.0240 0.0234 0.0237
September 0.0235 0.0234 0.0234
October 0.0234 0.0233 0.0234
November 0.0235 0.0233 0.0234
December 0.0235 0.0234 0.0234