YEARLY HIGH
2.0107 BDT
YEARLY LOW
1.8443 BDT
YEARLY AVERAGE
1.9416 BDT

2024 DOP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 2.0107. Conversely, the yearly low was recorded on April 20, dropping to 1.8443.

This high-to-low spread represents a total annual volatility of 0.1663 BDT. From a start-to-finish perspective, comparing the January average rate of 1.8727 to the December average rate of 1.9683, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0107 was up 1.32% compared to the 2023 peak of 1.9844, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,053 BDT
2023 Average 9,648 BDT
Yearly Trough Low 9,222 BDT
Transaction Impact: A difference of 831.73 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0052
1.8435
JanuMarcMayJulySeptNove

DOP 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 1.9013, compared to 1.9820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0807 points.

H1 Avg (Jan–Jun) 1.9013
H2 Avg (Jul–Dec) 1.9820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1252 BDT (High: 2.0107 / Low: 1.8855). On the other end, November was the most stable month, with a tight range of 0.0100 BDT (High: 1.9858 / Low: 1.9758).

May Spread (Volatile) ±0.1252
November Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0122 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1.9663) against the same month in 2023 (average: 1.9644), the exchange rate shifted by +0.0020 (+0.10%).

2024 Avg (May) 1.9663
2023 Avg (May) 1.9644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8927 1.8591 1.8727
February 1.8791 1.8621 1.8701
March 1.8711 1.8483 1.8588
April 1.8760 1.8443 1.8570
May 2.0107 1.8855 1.9663
June 1.9919 1.9614 1.9828
July 1.9936 1.9800 1.9861
August 2.0072 1.9625 1.9831
September 2.0040 1.9772 1.9918
October 1.9874 1.9736 1.9820
November 1.9858 1.9758 1.9806
December 1.9785 1.9557 1.9683