2024 KWD to BDT Historical Review

YEARLY HIGH

392.4558 BDT

YEARLY LOW

355.1449 BDT

YEARLY AVERAGE

376.1815 BDT

2024 KWD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 392.4558. Conversely, the yearly low was recorded on April 20, dropping to 355.1449.

This high-to-low spread represents a total annual volatility of 37.3108 BDT. From a start-to-finish perspective, comparing the January average rate of 356.7725 to the December average rate of 388.2275, the exchange rate registered a net change of 8.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 392.4558 was up 9.17% compared to the 2023 peak of 359.4993, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,962,279 BDT

2023 Average 1,757,593 BDT

Yearly Trough Low 1,775,725 BDT

Transaction Impact: A difference of 186,554.12 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

395.1084

352.8165

JanuMarcMayJulySeptNove

KWD 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 364.0108, compared to 388.3523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.3415 points.

H1 Avg (Jan–Jun) 364.0108

H2 Avg (Jul–Dec) 388.3523

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 27.1521 BDT (High: 383.2196 / Low: 356.0675). On the other end, January was the most stable month, with a tight range of 1.2737 BDT (High: 357.5267 / Low: 356.2530).

May Spread (Volatile) ±27.1521

January Spread (Stable) ±1.2737

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 1.3129 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 391.5841) against the same month in 2023 (average: 355.5947), the exchange rate shifted by +35.9894 (+10.12%).

2024 Avg (September) 391.5841

2023 Avg (September) 355.5947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	357.5267	356.2530	356.7725
February	359.2247	355.9671	356.6210
March	358.0658	355.2092	356.7829
April	357.3940	355.1449	356.3408
May	383.2196	356.0675	374.3353
June	384.7985	382.2375	383.2122
July	384.5869	383.2180	384.1040
August	392.3198	382.8527	386.8284
September	392.4558	390.3882	391.5841
October	391.9811	389.5190	390.2712
November	391.0686	386.8666	389.0986
December	389.6157	386.6975	388.2275