2024 ETB to BDT Historical Review

YEARLY HIGH

2.0577 BDT

YEARLY LOW

0.9342 BDT

YEARLY AVERAGE

1.5771 BDT

2024 ETB to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 2.0577. Conversely, the yearly low was recorded on December 31, dropping to 0.9342.

This high-to-low spread represents a total annual volatility of 1.1235 BDT. From a start-to-finish perspective, comparing the January average rate of 1.9448 to the December average rate of 0.9434, the exchange rate registered a net change of -51.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0577 was up 1.95% compared to the 2023 peak of 2.0184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,288 BDT

2023 Average 9,867 BDT

Yearly Trough Low 4,671 BDT

Transaction Impact: A difference of 5,617.45 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1530

0.8334

JanuMarcMayJulySeptNove

ETB 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 1.9656, compared to 1.1886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7770 points.

H1 Avg (Jan–Jun) 1.9656

H2 Avg (Jul–Dec) 1.1886

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.4924 BDT (High: 2.0497 / Low: 1.5573). On the other end, March was the most stable month, with a tight range of 0.0144 BDT (High: 1.9431 / Low: 1.9288).

July Spread (Volatile) ±0.4924

March Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.8586 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.0056) against the same month in 2023 (average: 1.9701), the exchange rate shifted by +0.0355 (+1.80%).

2024 Avg (May) 2.0056

2023 Avg (May) 1.9701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9581	1.9395	1.9448
February	1.9528	1.9342	1.9386
March	1.9431	1.9288	1.9334
April	1.9362	1.9124	1.9281
May	2.0577	1.9119	2.0056
June	2.0566	2.0341	2.0430
July	2.0497	1.5573	2.0212
August	1.4896	1.0597	1.1626
September	1.0835	0.9971	1.0357
October	1.0088	0.9791	0.9935
November	0.9950	0.9454	0.9750
December	0.9614	0.9342	0.9434