YEARLY HIGH
15.4548 BDT
YEARLY LOW
13.9643 BDT
YEARLY AVERAGE
14.7940 BDT

2024 HKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 15.4548. Conversely, the yearly low was recorded on March 23, dropping to 13.9643.

This high-to-low spread represents a total annual volatility of 1.4905 BDT. From a start-to-finish perspective, comparing the January average rate of 14.0383 to the December average rate of 15.3681, the exchange rate registered a net change of 9.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.4548 was up 8.78% compared to the 2023 peak of 14.2075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 386,369 BDT
2023 Average 344,976 BDT
Yearly Trough Low 349,107 BDT
Transaction Impact: A difference of 37,262.68 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.5287
13.8722
JanuMarcMayJulySeptNove

HKD 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 14.3109, compared to 15.2771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9662 points.

H1 Avg (Jan–Jun) 14.3109
H2 Avg (Jul–Dec) 15.2771

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.0401 BDT (High: 15.0494 / Low: 14.0092). On the other end, July was the most stable month, with a tight range of 0.0574 BDT (High: 15.0551 / Low: 14.9977).

May Spread (Volatile) ±1.0401
July Spread (Stable) ±0.0574

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0284 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 15.3623) against the same month in 2023 (average: 14.1318), the exchange rate shifted by +1.2304 (+8.71%).

2024 Avg (November) 15.3623
2023 Avg (November) 14.1318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.0908 14.0096 14.0383
February 14.1603 13.9911 14.0341
March 14.0729 13.9643 14.0200
April 14.0543 13.9694 14.0102
May 15.0494 14.0092 14.7206
June 15.1348 15.0030 15.0421
July 15.0551 14.9977 15.0420
August 15.3684 14.9182 15.1594
September 15.3718 15.2902 15.3404
October 15.4498 15.3624 15.3906
November 15.4548 15.2830 15.3623
December 15.4162 15.3082 15.3681