YEARLY HIGH
0.0079 BDT
YEARLY LOW
0.0067 BDT
YEARLY AVERAGE
0.0073 BDT

2024 IDR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.0079. Conversely, the yearly low was recorded on April 16, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0012 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0074, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0079 was up 7.79% compared to the 2023 peak of 0.0073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 78,994 BDT
2023 Average 70,891 BDT
Yearly Trough Low 67,146 BDT
Transaction Impact: A difference of 11,848.81 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0079
0.0067
JanuMarcMayJulySeptNove

IDR 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 0.0070, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 BDT (High: 0.0074 / Low: 0.0068). On the other end, February was the most stable month, with a tight range of 0.0001 BDT (High: 0.0070 / Low: 0.0070).

May Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0078) against the same month in 2023 (average: 0.0071), the exchange rate shifted by +0.0007 (+9.18%).

2024 Avg (September) 0.0078
2023 Avg (September) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0069 0.0070
February 0.0070 0.0070 0.0070
March 0.0071 0.0069 0.0070
April 0.0069 0.0067 0.0068
May 0.0074 0.0068 0.0072
June 0.0073 0.0071 0.0072
July 0.0073 0.0072 0.0072
August 0.0078 0.0072 0.0075
September 0.0079 0.0077 0.0078
October 0.0078 0.0076 0.0077
November 0.0077 0.0075 0.0075
December 0.0075 0.0073 0.0074