YEARLY HIGH
0.9302 BDT
YEARLY LOW
0.6715 BDT
YEARLY AVERAGE
0.8626 BDT

2024 KES to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.9302. Conversely, the yearly low was recorded on January 25, dropping to 0.6715.

This high-to-low spread represents a total annual volatility of 0.2586 BDT. From a start-to-finish perspective, comparing the January average rate of 0.6869 to the December average rate of 0.9238, the exchange rate registered a net change of 34.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9302 was up 7.10% compared to the 2023 peak of 0.8685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,651 BDT
2023 Average 3,875 BDT
Yearly Trough Low 3,358 BDT
Transaction Impact: A difference of 1,293.09 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9509
0.6629
JanuMarcMayJulySeptNove

KES 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 0.8039, compared to 0.9213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1174 points.

H1 Avg (Jan–Jun) 0.8039
H2 Avg (Jul–Dec) 0.9213

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1023 BDT (High: 0.9149 / Low: 0.8127). On the other end, September was the most stable month, with a tight range of 0.0027 BDT (High: 0.9286 / Low: 0.9260).

May Spread (Volatile) ±0.1023
September Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0021 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.9267) against the same month in 2023 (average: 0.7382), the exchange rate shifted by +0.1886 (+25.55%).

2024 Avg (October) 0.9267
2023 Avg (October) 0.7382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7024 0.6715 0.6869
February 0.7693 0.6754 0.7216
March 0.8314 0.7463 0.7986
April 0.8608 0.8161 0.8357
May 0.9149 0.8127 0.8744
June 0.9146 0.8940 0.9064
July 0.9242 0.8916 0.9104
August 0.9289 0.9034 0.9151
September 0.9286 0.9260 0.9269
October 0.9302 0.9244 0.9267
November 0.9292 0.9210 0.9247
December 0.9259 0.9209 0.9238