YEARLY HIGH
31.4399 BDT
YEARLY LOW
23.8866 BDT
YEARLY AVERAGE
29.0028 BDT

2024 PLN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 31.4399. Conversely, the yearly low was recorded on January 1, dropping to 23.8866.

This high-to-low spread represents a total annual volatility of 7.5533 BDT. From a start-to-finish perspective, comparing the January average rate of 27.3169 to the December average rate of 29.3036, the exchange rate registered a net change of 7.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.4399 was up 11.46% compared to the 2023 peak of 28.2079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 628,798 BDT
2023 Average 515,582 BDT
Yearly Trough Low 477,732 BDT
Transaction Impact: A difference of 151,066.09 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31.4188
26.9440
JanuMarcMayJulySeptNove

PLN 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 28.0039, compared to 30.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9979 points.

H1 Avg (Jan–Jun) 28.0039
H2 Avg (Jul–Dec) 30.0017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 3.8802 BDT (High: 27.7668 / Low: 23.8866). On the other end, February was the most stable month, with a tight range of 0.5778 BDT (High: 27.6658 / Low: 27.0880).

January Spread (Volatile) ±3.8802
February Spread (Stable) ±0.5778

Growth Streaks & Declines

Trends

Between April and September, 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 0.8677 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 31.0459) against the same month in 2023 (average: 25.4829), the exchange rate shifted by +5.5630 (+21.83%).

2024 Avg (September) 31.0459
2023 Avg (September) 25.4829

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.7668 23.8866 27.3169
February 27.6658 27.0880 27.3975
March 28.0588 27.3263 27.6794
April 27.9329 26.6785 27.3349
May 29.9873 27.1897 29.0360
June 29.9595 28.6531 29.2584
July 30.1267 29.2236 29.7817
August 31.3750 29.4340 30.3755
September 31.4399 30.6686 31.0459
October 30.8077 29.6341 30.1857
November 30.0057 28.6941 29.3180
December 29.6742 28.9108 29.3036