YEARLY HIGH
0.0691 BDT
YEARLY LOW
0.0630 BDT
YEARLY AVERAGE
0.0670 BDT

2024 MWK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0691. Conversely, the yearly low was recorded on March 29, dropping to 0.0630.

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 0.0652 to the December average rate of 0.0689, the exchange rate registered a net change of 5.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0691 was down 35.11% compared to the 2023 peak of 0.1064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 345 BDT
2023 Average 487 BDT
Yearly Trough Low 315 BDT
Transaction Impact: A difference of 30.43 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0695
0.0627
JanuMarcMayJulySeptNove

MWK 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 0.0654, compared to 0.0686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0654
H2 Avg (Jul–Dec) 0.0686

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0048 BDT (High: 0.0679 / Low: 0.0631). On the other end, December was the most stable month, with a tight range of 0.0001 BDT (High: 0.0689 / Low: 0.0689).

May Spread (Volatile) ±0.0048
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0689) against the same month in 2023 (average: 0.1012), the exchange rate shifted by -0.0324 (-31.96%).

2024 Avg (September) 0.0689
2023 Avg (September) 0.1012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0655 0.0652 0.0652
February 0.0653 0.0651 0.0652
March 0.0657 0.0630 0.0646
April 0.0634 0.0630 0.0632
May 0.0679 0.0631 0.0663
June 0.0680 0.0677 0.0678
July 0.0680 0.0677 0.0678
August 0.0690 0.0676 0.0682
September 0.0691 0.0686 0.0689
October 0.0690 0.0688 0.0689
November 0.0690 0.0686 0.0689
December 0.0689 0.0689 0.0689