2024 QAR to BDT Historical Review

YEARLY HIGH

32.9113 BDT

YEARLY LOW

30.0216 BDT

YEARLY AVERAGE

31.6860 BDT

2024 QAR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 32.9113. Conversely, the yearly low was recorded on March 24, dropping to 30.0216.

This high-to-low spread represents a total annual volatility of 2.8896 BDT. From a start-to-finish perspective, comparing the January average rate of 30.1197 to the December average rate of 32.7949, the exchange rate registered a net change of 8.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.9113 was up 8.13% compared to the 2023 peak of 30.4381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164,556 BDT

2023 Average 148,260 BDT

Yearly Trough Low 150,108 BDT

Transaction Impact: A difference of 14,448.25 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

33.0804

29.8504

JanuMarcMayJulySeptNove

QAR 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 30.7145, compared to 32.6574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9430 points.

H1 Avg (Jan–Jun) 30.7145

H2 Avg (Jul–Dec) 32.6574

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.2162 BDT (High: 32.2751 / Low: 30.0589). On the other end, February was the most stable month, with a tight range of 0.0818 BDT (High: 30.1543 / Low: 30.0725).

May Spread (Volatile) ±2.2162

February Spread (Stable) ±0.0818

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0163 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 32.8112) against the same month in 2023 (average: 30.3136), the exchange rate shifted by +2.4976 (+8.24%).

2024 Avg (November) 32.8112

2023 Avg (November) 30.3136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.1712	30.0677	30.1197
February	30.1543	30.0725	30.1263
March	30.1963	30.0216	30.1195
April	30.1910	30.0774	30.1196
May	32.2751	30.0589	31.5609
June	32.3599	31.9836	32.2408
July	32.2828	32.1938	32.2385
August	32.9073	32.0794	32.4839
September	32.8566	32.7298	32.8099
October	32.8869	32.7645	32.8063
November	32.9113	32.6756	32.8112
December	32.8572	32.7416	32.7949