2024 FKP to BDT Historical Review

YEARLY HIGH

160.5019 BDT

YEARLY LOW

135.4498 BDT

YEARLY AVERAGE

147.5747 BDT

2024 FKP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 160.5019. Conversely, the yearly low was recorded on April 20, dropping to 135.4498.

This high-to-low spread represents a total annual volatility of 25.0521 BDT. From a start-to-finish perspective, comparing the January average rate of 139.4486 to the December average rate of 150.9391, the exchange rate registered a net change of 8.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 160.5019 was up 12.42% compared to the 2023 peak of 142.7649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 802,510 BDT

2023 Average 672,010 BDT

Yearly Trough Low 677,249 BDT

Transaction Impact: A difference of 125,260.44 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

160.0876

135.1748

JanuMarcMayJulySeptNove

FKP 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 141.5569, compared to 153.5925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0356 points.

H1 Avg (Jan–Jun) 141.5569

H2 Avg (Jul–Dec) 153.5925

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 12.8394 BDT (High: 149.9851 / Low: 137.1456). On the other end, January was the most stable month, with a tight range of 1.6895 BDT (High: 140.2751 / Low: 138.5856).

May Spread (Volatile) ±12.8394

January Spread (Stable) ±1.6895

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 3.6208 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.6208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 158.0115) against the same month in 2023 (average: 135.9907), the exchange rate shifted by +22.0208 (+16.19%).

2024 Avg (September) 158.0115

2023 Avg (September) 135.9907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	140.2751	138.5856	139.4486
February	139.7936	137.7186	138.6529
March	141.1650	137.6460	139.3863
April	139.1494	135.4498	137.2508
May	149.9851	137.1456	145.3218
June	150.4799	148.1822	149.2812
July	152.7895	148.5889	151.1882
August	158.3721	148.9005	153.0435
September	160.5019	155.7662	158.0115
October	158.5029	154.0312	155.9968
November	155.9003	149.6997	152.3761
December	152.8092	149.3667	150.9391