YEARLY HIGH
0.0029 BDT
YEARLY LOW
0.0026 BDT
YEARLY AVERAGE
0.0027 BDT

2024 IRR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0029. Conversely, the yearly low was recorded on March 7, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0003 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0028, the exchange rate registered a net change of 8.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was up 8.74% compared to the 2023 peak of 0.0026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 BDT
2023 Average 13 BDT
Yearly Trough Low 13 BDT
Transaction Impact: A difference of 1.28 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0029
0.0026
JanuMarcMayJulySeptNove

IRR 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 0.0027, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0027
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0002 BDT (High: 0.0028 / Low: 0.0026). On the other end, January was the most stable month, with a tight range of 0.0000 BDT (High: 0.0026 / Low: 0.0026).

May Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0028) against the same month in 2023 (average: 0.0026), the exchange rate shifted by +0.0002 (+8.76%).

2024 Avg (November) 0.0028
2023 Avg (November) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0026 0.0026
February 0.0026 0.0026 0.0026
March 0.0026 0.0026 0.0026
April 0.0026 0.0026 0.0026
May 0.0028 0.0026 0.0027
June 0.0028 0.0028 0.0028
July 0.0028 0.0028 0.0028
August 0.0028 0.0028 0.0028
September 0.0028 0.0028 0.0028
October 0.0028 0.0028 0.0028
November 0.0029 0.0028 0.0028
December 0.0028 0.0028 0.0028