YEARLY HIGH
0.8940 BDT
YEARLY LOW
0.8166 BDT
YEARLY AVERAGE
0.8623 BDT

2024 NPR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.8940. Conversely, the yearly low was recorded on January 2, dropping to 0.8166.

This high-to-low spread represents a total annual volatility of 0.0774 BDT. From a start-to-finish perspective, comparing the January average rate of 0.8253 to the December average rate of 0.8792, the exchange rate registered a net change of 6.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8940 was up 7.33% compared to the 2023 peak of 0.8330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,470 BDT
2023 Average 4,090 BDT
Yearly Trough Low 4,083 BDT
Transaction Impact: A difference of 386.99 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8981
0.8159
JanuMarcMayJulySeptNove

NPR 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 0.8404, compared to 0.8841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0437 points.

H1 Avg (Jan–Jun) 0.8404
H2 Avg (Jul–Dec) 0.8841

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0654 BDT (High: 0.8827 / Low: 0.8173). On the other end, July was the most stable month, with a tight range of 0.0036 BDT (High: 0.8806 / Low: 0.8770).

May Spread (Volatile) ±0.0654
July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8912) against the same month in 2023 (average: 0.8266), the exchange rate shifted by +0.0646 (+7.82%).

2024 Avg (September) 0.8912
2023 Avg (September) 0.8266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8281 0.8166 0.8253
February 0.8283 0.8219 0.8265
March 0.8297 0.8186 0.8262
April 0.8254 0.8204 0.8227
May 0.8827 0.8173 0.8621
June 0.8829 0.8780 0.8798
July 0.8806 0.8770 0.8786
August 0.8909 0.8739 0.8813
September 0.8940 0.8890 0.8912
October 0.8911 0.8874 0.8889
November 0.8890 0.8827 0.8857
December 0.8830 0.8724 0.8792