YEARLY HIGH
32.0001 BDT
YEARLY LOW
29.1324 BDT
YEARLY AVERAGE
30.7621 BDT

2024 SAR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 32.0001. Conversely, the yearly low was recorded on March 7, dropping to 29.1324.

This high-to-low spread represents a total annual volatility of 2.8677 BDT. From a start-to-finish perspective, comparing the January average rate of 29.2602 to the December average rate of 31.8015, the exchange rate registered a net change of 8.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.0001 was up 8.29% compared to the 2023 peak of 29.5510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,000 BDT
2023 Average 143,982 BDT
Yearly Trough Low 145,662 BDT
Transaction Impact: A difference of 14,338.51 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.1127
28.9863
JanuMarcMayJulySeptNove

SAR 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 29.8346, compared to 31.6896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8550 points.

H1 Avg (Jan–Jun) 29.8346
H2 Avg (Jul–Dec) 31.6896

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.1630 BDT (High: 31.3436 / Low: 29.1805). On the other end, July was the most stable month, with a tight range of 0.1128 BDT (High: 31.3505 / Low: 31.2377).

May Spread (Volatile) ±2.1630
July Spread (Stable) ±0.1128

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 February and March, when the average rate fell by 0.0235 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 31.8240) against the same month in 2023 (average: 29.4185), the exchange rate shifted by +2.4056 (+8.18%).

2024 Avg (November) 31.8240
2023 Avg (November) 29.4185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.3477 29.1804 29.2602
February 29.5345 29.1993 29.2703
March 29.3442 29.1324 29.2468
April 29.3466 29.1833 29.2511
May 31.3436 29.1805 30.6582
June 31.5224 31.2453 31.3210
July 31.3505 31.2377 31.3173
August 31.9350 31.1057 31.4993
September 31.9089 31.7575 31.8522
October 31.9529 31.7992 31.8430
November 32.0001 31.6869 31.8240
December 31.8660 31.6855 31.8015