YEARLY HIGH
2.2917 YER
YEARLY LOW
2.0790 YER
YEARLY AVERAGE
2.1714 YER

2024 BDT to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2.2917. Conversely, the yearly low was recorded on November 10, dropping to 2.0790.

This high-to-low spread represents a total annual volatility of 0.2127 YER. From a start-to-finish perspective, comparing the January average rate of 2.2814 to the December average rate of 2.0932, the exchange rate registered a net change of -8.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2917 was down 5.55% compared to the 2023 peak of 2.4263, 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 11,458 YER
2023 Average 11,589 YER
Yearly Trough Low 10,395 YER
Transaction Impact: A difference of 1,063.48 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3017
2.0719
JanuMarcMayJulySeptNove

BDT to YER 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 2.2393, compared to 2.1036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1357 points.

H1 Avg (Jan–Jun) 2.2393
H2 Avg (Jul–Dec) 2.1036

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1578 YER (High: 2.2875 / Low: 2.1296). On the other end, July was the most stable month, with a tight range of 0.0076 YER (High: 2.1365 / Low: 2.1289).

May Spread (Volatile) ±0.1578
July Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1037 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.2825) against the same month in 2023 (average: 2.3643), the exchange rate shifted by -0.0818 (-3.46%).

2024 Avg (March) 2.2825
2023 Avg (March) 2.3643

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2881 2.2737 2.2814
February 2.2859 2.2603 2.2802
March 2.2917 2.2752 2.2825
April 2.2876 2.2749 2.2820
May 2.2875 2.1296 2.1783
June 2.1354 2.1182 2.1311
July 2.1365 2.1289 2.1311
August 2.1500 2.0890 2.1182
September 2.1003 2.0914 2.0945
October 2.0964 2.0860 2.0936
November 2.1004 2.0790 2.0910
December 2.0994 2.0879 2.0932