2024 ISK to BDT Historical Review

YEARLY HIGH

0.8864 BDT

YEARLY LOW

0.7723 BDT

YEARLY AVERAGE

0.8367 BDT

2024 ISK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.8864. Conversely, the yearly low was recorded on April 16, dropping to 0.7723.

This high-to-low spread represents a total annual volatility of 0.1140 BDT. From a start-to-finish perspective, comparing the January average rate of 0.8015 to the December average rate of 0.8614, the exchange rate registered a net change of 7.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8864 was up 5.70% compared to the 2023 peak of 0.8386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,432 BDT

2023 Average 3,921 BDT

Yearly Trough Low 3,862 BDT

Transaction Impact: A difference of 570.20 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8832

0.7731

JanuMarcMayJulySeptNove

ISK 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 0.8093, compared to 0.8642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0549 points.

H1 Avg (Jan–Jun) 0.8093

H2 Avg (Jul–Dec) 0.8642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0722 BDT (High: 0.8556 / Low: 0.7834). On the other end, July was the most stable month, with a tight range of 0.0134 BDT (High: 0.8595 / Low: 0.8461).

May Spread (Volatile) ±0.0722

July Spread (Stable) ±0.0134

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 March and April, when the average rate fell by 0.0173 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8730) against the same month in 2023 (average: 0.8114), the exchange rate shifted by +0.0616 (+7.59%).

2024 Avg (September) 0.8730

2023 Avg (September) 0.8114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8118	0.7949	0.8015
February	0.8073	0.7904	0.7970
March	0.8124	0.7871	0.7995
April	0.7911	0.7723	0.7822
May	0.8556	0.7834	0.8285
June	0.8563	0.8405	0.8470
July	0.8595	0.8461	0.8530
August	0.8774	0.8441	0.8581
September	0.8864	0.8600	0.8730
October	0.8845	0.8641	0.8740
November	0.8777	0.8553	0.8658
December	0.8701	0.8548	0.8614