YEARLY HIGH
0.0073 BDT
YEARLY LOW
0.0012 BDT
YEARLY AVERAGE
0.0022 BDT

2024 LBP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0073. Conversely, the yearly low was recorded on March 1, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0061 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0013, the exchange rate registered a net change of -81.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0073 was down 89.71% compared to the 2023 peak of 0.0712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 BDT
2023 Average 67 BDT
Yearly Trough Low 6 BDT
Transaction Impact: A difference of 30.52 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0079
0.0006
JanuMarcMayJulySeptNove

LBP 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 0.0030, compared to 0.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0030
H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0061 BDT (High: 0.0073 / Low: 0.0012). On the other end, December was the most stable month, with a tight range of 0.0000 BDT (High: 0.0013 / Low: 0.0013).

February Spread (Volatile) ±0.0061
December Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0044 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0056) against the same month in 2023 (average: 0.0184), the exchange rate shifted by -0.0128 (-69.50%).

2024 Avg (February) 0.0056
2023 Avg (February) 0.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0073 0.0073
February 0.0073 0.0012 0.0056
March 0.0012 0.0012 0.0012
April 0.0012 0.0012 0.0012
May 0.0013 0.0012 0.0013
June 0.0013 0.0013 0.0013
July 0.0013 0.0013 0.0013
August 0.0013 0.0013 0.0013
September 0.0013 0.0013 0.0013
October 0.0013 0.0013 0.0013
November 0.0013 0.0013 0.0013
December 0.0013 0.0013 0.0013