YEARLY HIGH
0.0912 BDT
YEARLY LOW
0.0788 BDT
YEARLY AVERAGE
0.0847 BDT

2024 KRW to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0912. Conversely, the yearly low was recorded on April 16, dropping to 0.0788.

This high-to-low spread represents a total annual volatility of 0.0124 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0828 to the December average rate of 0.0829, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0912 was up 4.08% compared to the 2023 peak of 0.0876, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 455,909 BDT
2023 Average 413,668 BDT
Yearly Trough Low 394,087 BDT
Transaction Impact: A difference of 61,822.29 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0908
0.0791
JanuMarcMayJulySeptNove

KRW 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 0.0828, compared to 0.0865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0828
H2 Avg (Jul–Dec) 0.0865

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0073 BDT (High: 0.0869 / Low: 0.0796). On the other end, February was the most stable month, with a tight range of 0.0010 BDT (High: 0.0828 / Low: 0.0818).

May Spread (Volatile) ±0.0073
February Spread (Stable) ±0.0010

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 November and December, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0899) against the same month in 2023 (average: 0.0823), the exchange rate shifted by +0.0076 (+9.18%).

2024 Avg (September) 0.0899
2023 Avg (September) 0.0823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0859 0.0816 0.0828
February 0.0828 0.0818 0.0824
March 0.0837 0.0813 0.0823
April 0.0815 0.0788 0.0801
May 0.0869 0.0796 0.0843
June 0.0859 0.0843 0.0850
July 0.0858 0.0845 0.0850
August 0.0902 0.0854 0.0876
September 0.0912 0.0889 0.0899
October 0.0901 0.0862 0.0878
November 0.0870 0.0849 0.0857
December 0.0855 0.0808 0.0829