YEARLY HIGH
133.9271 BDT
YEARLY LOW
116.5096 BDT
YEARLY AVERAGE
124.9122 BDT

2024 EUR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 133.9271. Conversely, the yearly low was recorded on April 16, dropping to 116.5096.

This high-to-low spread represents a total annual volatility of 17.4175 BDT. From a start-to-finish perspective, comparing the January average rate of 119.7206 to the December average rate of 125.1073, the exchange rate registered a net change of 4.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 133.9271 was up 9.57% compared to the 2023 peak of 122.2325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 669,635 BDT
2023 Average 584,654 BDT
Yearly Trough Low 582,548 BDT
Transaction Impact: A difference of 87,087.30 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

134.3063
116.1158
JanuMarcMayJulySeptNove

EUR 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 120.9788, compared to 128.8455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.8667 points.

H1 Avg (Jan–Jun) 120.9788
H2 Avg (Jul–Dec) 128.8455

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 9.9488 BDT (High: 127.5635 / Low: 117.6148). On the other end, February was the most stable month, with a tight range of 1.8626 BDT (High: 119.3936 / Low: 117.5310).

May Spread (Volatile) ±9.9488
February Spread (Stable) ±1.8626

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 October and November, when the average rate fell by 3.2735 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.2735

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 130.3142) against the same month in 2023 (average: 119.2158), the exchange rate shifted by +11.0984 (+9.31%).

2024 Avg (August) 130.3142
2023 Avg (August) 119.2158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 121.4624 118.3674 119.7206
February 119.3936 117.5310 118.4918
March 120.1851 118.0848 119.2419
April 119.1914 116.5096 117.6317
May 127.5635 117.6148 124.3504
June 128.0219 125.3173 126.4365
July 128.4952 126.1643 127.5123
August 133.9271 126.6325 130.3142
September 133.7762 131.5398 132.7904
October 132.1181 128.7987 130.3112
November 130.6937 124.4621 127.0377
December 126.5948 123.6893 125.1073