2024 CNY to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 17.0964. Conversely, the yearly low was recorded on March 23, dropping to 15.1155.
This high-to-low spread represents a total annual volatility of 1.9808 BDT. From a start-to-finish perspective, comparing the January average rate of 15.4323 to the December average rate of 16.4068, the exchange rate registered a net change of 6.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 17.0964 was up 6.90% compared to the 2023 peak of 15.9922, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY to BDT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.5858, compared to 16.5810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9952 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 1.4121 BDT (High: 16.5344 / Low: 15.1223). On the other end, December was the most stable month, with a tight range of 0.1807 BDT (High: 16.4930 / Low: 16.3122).
Growth Streaks & Declines
TrendsBetween April and June, 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 October and November, when the average rate fell by 0.2801 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 16.8674) against the same month in 2023 (average: 15.1453), the exchange rate shifted by +1.7221 (+11.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.5474 | 15.2521 | 15.4323 |
| February | 15.5501 | 15.2175 | 15.3361 |
| March | 15.3917 | 15.1155 | 15.2411 |
| April | 15.4686 | 15.1268 | 15.1783 |
| May | 16.5344 | 15.1223 | 16.0461 |
| June | 16.6350 | 16.1474 | 16.2812 |
| July | 16.4613 | 16.1235 | 16.1886 |
| August | 16.8860 | 16.2068 | 16.5407 |
| September | 17.0487 | 16.7586 | 16.8952 |
| October | 17.0964 | 16.7539 | 16.8674 |
| November | 16.8450 | 16.4385 | 16.5873 |
| December | 16.4930 | 16.3122 | 16.4068 |