YEARLY HIGH
0.8497 BDT
YEARLY LOW
0.6955 BDT
YEARLY AVERAGE
0.7628 BDT

2024 JPY to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.8497. Conversely, the yearly low was recorded on April 28, dropping to 0.6955.

This high-to-low spread represents a total annual volatility of 0.1542 BDT. From a start-to-finish perspective, comparing the January average rate of 0.7509 to the December average rate of 0.7759, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8497 was up 1.93% compared to the 2023 peak of 0.8336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 424,838 BDT
2023 Average 384,985 BDT
Yearly Trough Low 347,725 BDT
Transaction Impact: A difference of 77,113.36 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8478
0.7000
JanuMarcMayJulySeptNove

JPY 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 0.7351, compared to 0.7904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0553 points.

H1 Avg (Jan–Jun) 0.7351
H2 Avg (Jul–Dec) 0.7904

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0572 BDT (High: 0.7842 / Low: 0.7270). On the other end, February was the most stable month, with a tight range of 0.0211 BDT (High: 0.7480 / Low: 0.7269).

July Spread (Volatile) ±0.0572
February Spread (Stable) ±0.0211

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 September and October, when the average rate fell by 0.0377 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8355) against the same month in 2023 (average: 0.7428), the exchange rate shifted by +0.0928 (+12.49%).

2024 Avg (September) 0.8355
2023 Avg (September) 0.7428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7799 0.7400 0.7509
February 0.7480 0.7269 0.7337
March 0.7481 0.7216 0.7325
April 0.7253 0.6955 0.7124
May 0.7588 0.7065 0.7382
June 0.7571 0.7295 0.7431
July 0.7842 0.7270 0.7459
August 0.8299 0.7868 0.8084
September 0.8497 0.8142 0.8355
October 0.8307 0.7798 0.7978
November 0.7985 0.7635 0.7790
December 0.7992 0.7562 0.7759