YEARLY HIGH
59.6034 BDT
YEARLY LOW
54.4425 BDT
YEARLY AVERAGE
57.2798 BDT

2024 BZD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 59.6034. Conversely, the yearly low was recorded on February 22, dropping to 54.4425.

This high-to-low spread represents a total annual volatility of 5.1608 BDT. From a start-to-finish perspective, comparing the January average rate of 54.4472 to the December average rate of 59.3723, the exchange rate registered a net change of 9.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.6034 was up 8.48% compared to the 2023 peak of 54.9465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298,017 BDT
2023 Average 268,115 BDT
Yearly Trough Low 272,213 BDT
Transaction Impact: A difference of 25,804.24 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.8648
53.9547
JanuMarcMayJulySeptNove

BZD 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 55.5241, compared to 59.0356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5116 points.

H1 Avg (Jan–Jun) 55.5241
H2 Avg (Jul–Dec) 59.0356

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 3.9216 BDT (High: 58.3679 / Low: 54.4463). On the other end, January was the most stable month, with a tight range of 0.0083 BDT (High: 54.4515 / Low: 54.4432).

May Spread (Volatile) ±3.9216
January Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0032 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 59.3723) against the same month in 2023 (average: 54.5240), the exchange rate shifted by +4.8483 (+8.89%).

2024 Avg (December) 59.3723
2023 Avg (December) 54.5240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54.4515 54.4432 54.4472
February 54.4538 54.4425 54.4482
March 54.4542 54.4449 54.4483
April 54.5540 54.4442 54.4516
May 58.3679 54.4463 57.0671
June 58.3020 58.2281 58.2820
July 58.3866 58.2862 58.2993
August 59.2894 58.2899 58.6896
September 59.3132 59.2727 59.2849
October 59.2939 59.2809 59.2854
November 59.2880 59.2235 59.2822
December 59.6034 59.2827 59.3723