YEARLY HIGH
0.0247 XCD
YEARLY LOW
0.0225 XCD
YEARLY AVERAGE
0.0234 XCD

2024 BDT to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0247. Conversely, the yearly low was recorded on November 10, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0022 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0226, 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 0.0247 was down 5.59% compared to the 2023 peak of 0.0262, 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 124 XCD
2023 Average 125 XCD
Yearly Trough Low 112 XCD
Transaction Impact: A difference of 11.22 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0248
0.0224
JanuMarcMayJulySeptNove

BDT to XCD 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 0.0242, compared to 0.0227 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) 0.0242
H2 Avg (Jul–Dec) 0.0227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0017 XCD (High: 0.0247 / Low: 0.0230). On the other end, July was the most stable month, with a tight range of 0.0001 XCD (High: 0.0231 / Low: 0.0230).

May Spread (Volatile) ±0.0017
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: 0.0246) against the same month in 2023 (average: 0.0255), the exchange rate shifted by -0.0009 (-3.48%).

2024 Avg (March) 0.0246
2023 Avg (March) 0.0255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0247 0.0246 0.0246
February 0.0247 0.0244 0.0246
March 0.0247 0.0246 0.0246
April 0.0247 0.0246 0.0246
May 0.0247 0.0230 0.0235
June 0.0231 0.0229 0.0230
July 0.0231 0.0230 0.0230
August 0.0232 0.0226 0.0229
September 0.0227 0.0226 0.0226
October 0.0226 0.0225 0.0226
November 0.0227 0.0225 0.0226
December 0.0227 0.0226 0.0226