YEARLY HIGH
33.5785 BDT
YEARLY LOW
28.7607 BDT
YEARLY AVERAGE
31.1924 BDT

2024 ILS to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 33.5785. Conversely, the yearly low was recorded on April 28, dropping to 28.7607.

This high-to-low spread represents a total annual volatility of 4.8178 BDT. From a start-to-finish perspective, comparing the January average rate of 29.5933 to the December average rate of 32.9739, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 33.5785 was up 5.93% compared to the 2023 peak of 31.6979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 167,893 BDT
2023 Average 146,687 BDT
Yearly Trough Low 143,804 BDT
Transaction Impact: A difference of 24,088.96 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

33.3522
28.8127
JanuMarcMayJulySeptNove

ILS 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 30.2741, compared to 32.1108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8367 points.

H1 Avg (Jan–Jun) 30.2741
H2 Avg (Jul–Dec) 32.1108

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.8135 BDT (High: 32.0312 / Low: 29.2177). On the other end, June was the most stable month, with a tight range of 0.8102 BDT (High: 31.9974 / Low: 31.1872).

May Spread (Volatile) ±2.8135
June Spread (Stable) ±0.8102

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 1.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 32.9739) against the same month in 2023 (average: 30.0297), the exchange rate shifted by +2.9442 (+9.80%).

2024 Avg (December) 32.9739
2023 Avg (December) 30.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.5485 28.9071 29.5933
February 30.7398 29.6985 30.1248
March 30.7639 29.6743 30.1969
April 29.8306 28.7607 29.1910
May 32.0312 29.2177 31.0664
June 31.9974 31.1872 31.4723
July 32.5245 31.1489 31.9900
August 32.9868 30.6423 31.7695
September 32.9612 31.5509 32.0417
October 32.3118 31.4341 31.7582
November 32.9062 31.8051 32.1313
December 33.5785 32.4597 32.9739