2024 JMD to BDT Historical Review

YEARLY HIGH

0.7679 BDT

YEARLY LOW

0.6987 BDT

YEARLY AVERAGE

0.7381 BDT

2024 JMD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.7679. Conversely, the yearly low was recorded on February 3, dropping to 0.6987.

This high-to-low spread represents a total annual volatility of 0.0691 BDT. From a start-to-finish perspective, comparing the January average rate of 0.7076 to the December average rate of 0.7638, the exchange rate registered a net change of 7.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7679 was up 7.46% compared to the 2023 peak of 0.7145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,839 BDT

2023 Average 3,506 BDT

Yearly Trough Low 3,494 BDT

Transaction Impact: A difference of 345.65 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7699

0.6957

JanuMarcMayJulySeptNove

JMD 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 0.7195, compared to 0.7566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 0.7195

H2 Avg (Jul–Dec) 0.7566

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0557 BDT (High: 0.7548 / Low: 0.6991). On the other end, June was the most stable month, with a tight range of 0.0060 BDT (High: 0.7580 / Low: 0.7520).

May Spread (Volatile) ±0.0557

June Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0060 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7638) against the same month in 2023 (average: 0.7083), the exchange rate shifted by +0.0554 (+7.82%).

2024 Avg (December) 0.7638

2023 Avg (December) 0.7083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7130	0.7046	0.7076
February	0.7058	0.6987	0.7019
March	0.7150	0.7026	0.7096
April	0.7173	0.7022	0.7075
May	0.7548	0.6991	0.7358
June	0.7580	0.7520	0.7547
July	0.7552	0.7489	0.7513
August	0.7635	0.7475	0.7544
September	0.7669	0.7572	0.7610
October	0.7596	0.7520	0.7550
November	0.7584	0.7493	0.7541
December	0.7679	0.7584	0.7638