2024 PEN to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 32.2167. Conversely, the yearly low was recorded on February 14, dropping to 28.2918.
This high-to-low spread represents a total annual volatility of 3.9249 BDT. From a start-to-finish perspective, comparing the January average rate of 29.4109 to the December average rate of 32.0143, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 32.2167 was up 5.41% compared to the 2023 peak of 30.5627, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PEN to BDT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.8356, compared to 31.6795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8439 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 2.5462 BDT (High: 31.7011 / Low: 29.1549). On the other end, December was the most stable month, with a tight range of 0.3765 BDT (High: 32.1801 / Low: 31.8036).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7393 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 31.8813) against the same month in 2023 (average: 28.7002), the exchange rate shifted by +3.1811 (+11.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.7379 | 28.7738 | 29.4109 |
| February | 29.0863 | 28.2918 | 28.6716 |
| March | 29.9016 | 28.9863 | 29.5277 |
| April | 29.8179 | 29.1702 | 29.5288 |
| May | 31.7011 | 29.1549 | 30.8176 |
| June | 31.4790 | 30.6515 | 31.0570 |
| July | 31.6285 | 30.5595 | 31.2142 |
| August | 31.9705 | 31.3442 | 31.6458 |
| September | 32.1435 | 31.3128 | 31.7092 |
| October | 32.2167 | 31.6801 | 31.8813 |
| November | 31.9043 | 31.3454 | 31.6125 |
| December | 32.1801 | 31.8036 | 32.0143 |