YEARLY HIGH
0.6681 BDT
YEARLY LOW
0.5657 BDT
YEARLY AVERAGE
0.6035 BDT

2024 LRD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.6681. Conversely, the yearly low was recorded on May 6, dropping to 0.5657.

This high-to-low spread represents a total annual volatility of 0.1023 BDT. From a start-to-finish perspective, comparing the January average rate of 0.5802 to the December average rate of 0.6616, the exchange rate registered a net change of 14.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6681 was down 5.18% compared to the 2023 peak of 0.7046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,340 BDT
2023 Average 3,105 BDT
Yearly Trough Low 2,829 BDT
Transaction Impact: A difference of 511.64 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6708
0.5600
JanuMarcMayJulySeptNove

LRD 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 0.5825, compared to 0.6245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0420 points.

H1 Avg (Jan–Jun) 0.5825
H2 Avg (Jul–Dec) 0.6245

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0456 BDT (High: 0.6676 / Low: 0.6220). On the other end, July was the most stable month, with a tight range of 0.0033 BDT (High: 0.6044 / Low: 0.6011).

November Spread (Volatile) ±0.0456
July Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 0.0063 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6616) against the same month in 2023 (average: 0.5845), the exchange rate shifted by +0.0771 (+13.19%).

2024 Avg (December) 0.6616
2023 Avg (December) 0.5845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5839 0.5766 0.5802
February 0.5826 0.5731 0.5763
March 0.5729 0.5670 0.5700
April 0.5835 0.5666 0.5692
May 0.6073 0.5657 0.5941
June 0.6080 0.6040 0.6053
July 0.6044 0.6011 0.6027
August 0.6138 0.5911 0.6044
September 0.6168 0.5975 0.6112
October 0.6228 0.6162 0.6206
November 0.6676 0.6220 0.6464
December 0.6681 0.6494 0.6616