YEARLY HIGH
0.5716 BDT
YEARLY LOW
0.5128 BDT
YEARLY AVERAGE
0.5517 BDT

2024 GYD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5716. Conversely, the yearly low was recorded on March 13, dropping to 0.5128.

This high-to-low spread represents a total annual volatility of 0.0588 BDT. From a start-to-finish perspective, comparing the January average rate of 0.5243 to the December average rate of 0.5713, the exchange rate registered a net change of 8.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5716 was up 7.98% compared to the 2023 peak of 0.5294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,858 BDT
2023 Average 2,571 BDT
Yearly Trough Low 2,564 BDT
Transaction Impact: A difference of 293.88 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5760
0.5192
JanuMarcMayJulySeptNove

GYD 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 0.5347, compared to 0.5687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0340 points.

H1 Avg (Jan–Jun) 0.5347
H2 Avg (Jul–Dec) 0.5687

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0367 BDT (High: 0.5609 / Low: 0.5243). On the other end, July was the most stable month, with a tight range of 0.0004 BDT (High: 0.5619 / Low: 0.5615).

May Spread (Volatile) ±0.0367
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5713) against the same month in 2023 (average: 0.5252), the exchange rate shifted by +0.0461 (+8.78%).

2024 Avg (December) 0.5713
2023 Avg (December) 0.5252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5246 0.5241 0.5243
February 0.5246 0.5241 0.5245
March 0.5246 0.5128 0.5240
April 0.5246 0.5234 0.5243
May 0.5609 0.5243 0.5496
June 0.5620 0.5608 0.5615
July 0.5619 0.5615 0.5617
August 0.5713 0.5615 0.5654
September 0.5714 0.5710 0.5712
October 0.5716 0.5712 0.5713
November 0.5715 0.5707 0.5712
December 0.5716 0.5711 0.5713