2024 MGA to BDT Historical Review

YEARLY HIGH

0.0266 BDT

YEARLY LOW

0.0238 BDT

YEARLY AVERAGE

0.0254 BDT

2024 MGA to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.0266. Conversely, the yearly low was recorded on January 1, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0027 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0254, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0266 was up 5.55% compared to the 2023 peak of 0.0252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 133 BDT

2023 Average 121 BDT

Yearly Trough Low 119 BDT

Transaction Impact: A difference of 13.73 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0265

0.0238

JanuMarcMayJulySeptNove

MGA 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 0.0250, compared to 0.0259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0250

H2 Avg (Jul–Dec) 0.0259

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0019 BDT (High: 0.0266 / Low: 0.0246). On the other end, February was the most stable month, with a tight range of 0.0002 BDT (High: 0.0243 / Low: 0.0241).

May Spread (Volatile) ±0.0019

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0259) against the same month in 2023 (average: 0.0243), the exchange rate shifted by +0.0016 (+6.59%).

2024 Avg (May) 0.0259

2023 Avg (May) 0.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0243	0.0238	0.0240
February	0.0243	0.0241	0.0242
March	0.0252	0.0242	0.0246
April	0.0252	0.0247	0.0250
May	0.0266	0.0246	0.0259
June	0.0265	0.0259	0.0263
July	0.0264	0.0257	0.0261
August	0.0262	0.0254	0.0259
September	0.0265	0.0262	0.0263
October	0.0263	0.0259	0.0260
November	0.0260	0.0255	0.0257
December	0.0257	0.0253	0.0254