YEARLY HIGH
0.4118 BDT
YEARLY LOW
0.3388 BDT
YEARLY AVERAGE
0.3829 BDT

2024 LKR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.4118. Conversely, the yearly low was recorded on January 7, dropping to 0.3388.

This high-to-low spread represents a total annual volatility of 0.0730 BDT. From a start-to-finish perspective, comparing the January average rate of 0.3418 to the December average rate of 0.4096, the exchange rate registered a net change of 19.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4118 was up 11.17% compared to the 2023 peak of 0.3705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,059 BDT
2023 Average 1,651 BDT
Yearly Trough Low 1,694 BDT
Transaction Impact: A difference of 365.14 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4163
0.3351
JanuMarcMayJulySeptNove

LKR 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 0.3651, compared to 0.4008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0357 points.

H1 Avg (Jan–Jun) 0.3651
H2 Avg (Jul–Dec) 0.4008

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0272 BDT (High: 0.3927 / Low: 0.3655). On the other end, October was the most stable month, with a tight range of 0.0033 BDT (High: 0.4082 / Low: 0.4049).

May Spread (Volatile) ±0.0272
October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4096) against the same month in 2023 (average: 0.3367), the exchange rate shifted by +0.0728 (+21.63%).

2024 Avg (December) 0.4096
2023 Avg (December) 0.3367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3473 0.3388 0.3418
February 0.3544 0.3473 0.3515
March 0.3653 0.3538 0.3597
April 0.3708 0.3634 0.3670
May 0.3927 0.3655 0.3842
June 0.3902 0.3840 0.3865
July 0.3887 0.3843 0.3870
August 0.3994 0.3872 0.3940
September 0.4033 0.3917 0.3973
October 0.4082 0.4049 0.4074
November 0.4111 0.4076 0.4094
December 0.4118 0.4036 0.4096