YEARLY HIGH
17.3151 BDT
YEARLY LOW
15.8238 BDT
YEARLY AVERAGE
16.6988 BDT

2024 BOB to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 17.3151. Conversely, the yearly low was recorded on April 11, dropping to 15.8238.

This high-to-low spread represents a total annual volatility of 1.4914 BDT. From a start-to-finish perspective, comparing the January average rate of 15.8827 to the December average rate of 17.2889, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.3151 was up 8.03% compared to the 2023 peak of 16.0284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 86,576 BDT
2023 Average 78,196 BDT
Yearly Trough Low 79,119 BDT
Transaction Impact: A difference of 7,456.89 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.4325
15.7092
JanuMarcMayJulySeptNove

BOB to BDT 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 16.1885, compared to 17.2090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0205 points.

H1 Avg (Jan–Jun) 16.1885
H2 Avg (Jul–Dec) 17.2090

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.1418 BDT (High: 16.9900 / Low: 15.8481). On the other end, January was the most stable month, with a tight range of 0.0033 BDT (High: 15.8844 / Low: 15.8811).

May Spread (Volatile) ±1.1418
January Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0221 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 17.2734) against the same month in 2023 (average: 15.9843), the exchange rate shifted by +1.2891 (+8.06%).

2024 Avg (November) 17.2734
2023 Avg (November) 15.9843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.8844 15.8811 15.8827
February 15.8845 15.8259 15.8796
March 15.9285 15.8252 15.8749
April 15.8847 15.8238 15.8528
May 16.9900 15.8481 16.6412
June 17.0079 16.9546 16.9999
July 17.0080 17.0029 17.0044
August 17.2969 17.0030 17.1171
September 17.3010 17.2287 17.2882
October 17.2955 17.2307 17.2821
November 17.3151 17.2297 17.2734
December 17.2980 17.2313 17.2889