YEARLY HIGH
1.4209 BDT
YEARLY LOW
1.2207 BDT
YEARLY AVERAGE
1.3262 BDT

2024 KGS to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 1.4209. Conversely, the yearly low was recorded on March 24, dropping to 1.2207.

This high-to-low spread represents a total annual volatility of 0.2002 BDT. From a start-to-finish perspective, comparing the January average rate of 1.2294 to the December average rate of 1.3746, the exchange rate registered a net change of 11.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.4209 was up 13.07% compared to the 2023 peak of 1.2566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,104 BDT
2023 Average 6,149 BDT
Yearly Trough Low 6,103 BDT
Transaction Impact: A difference of 1,000.81 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4364
1.2068
JanuMarcMayJulySeptNove

KGS 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 1.2612, compared to 1.3912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1300 points.

H1 Avg (Jan–Jun) 1.2612
H2 Avg (Jul–Dec) 1.3912

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1054 BDT (High: 1.3395 / Low: 1.2341). On the other end, March was the most stable month, with a tight range of 0.0087 BDT (High: 1.2294 / Low: 1.2207).

May Spread (Volatile) ±0.1054
March Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between March and September, 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 October and November, when the average rate fell by 0.0174 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.4173) against the same month in 2023 (average: 1.2399), the exchange rate shifted by +0.1774 (+14.31%).

2024 Avg (September) 1.4173
2023 Avg (September) 1.2399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2354 1.2265 1.2294
February 1.2400 1.2246 1.2276
March 1.2294 1.2207 1.2259
April 1.2389 1.2268 1.2319
May 1.3395 1.2341 1.3031
June 1.3600 1.3364 1.3490
July 1.3988 1.3608 1.3815
August 1.4088 1.3659 1.3878
September 1.4209 1.4093 1.4173
October 1.4207 1.3919 1.4017
November 1.3940 1.3727 1.3842
December 1.3788 1.3681 1.3746