2024 SVC to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SVC to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SVC to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 13.6600. Conversely, the yearly low was recorded on February 8, dropping to 12.5415.
This high-to-low spread represents a total annual volatility of 1.1184 BDT. From a start-to-finish perspective, comparing the January average rate of 12.5428 to the December average rate of 13.6573, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.6600 was up 7.90% compared to the 2023 peak of 12.6600, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SVC 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 12.7912, compared to 13.5963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8051 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.8759 BDT (High: 13.4179 / Low: 12.5419). On the other end, March was the most stable month, with a tight range of 0.0017 BDT (High: 12.5438 / Low: 12.5421).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 13.6573) against the same month in 2023 (average: 12.5604), the exchange rate shifted by +1.0969 (+8.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.5436 | 12.5418 | 12.5428 |
| February | 12.5440 | 12.5415 | 12.5430 |
| March | 12.5438 | 12.5421 | 12.5431 |
| April | 12.5810 | 12.5421 | 12.5465 |
| May | 13.4179 | 12.5419 | 13.1453 |
| June | 13.4309 | 13.4169 | 13.4266 |
| July | 13.4300 | 13.4219 | 13.4284 |
| August | 13.6581 | 13.4278 | 13.5205 |
| September | 13.6586 | 13.6549 | 13.6571 |
| October | 13.6584 | 13.6561 | 13.6573 |
| November | 13.6580 | 13.6561 | 13.6570 |
| December | 13.6600 | 13.6566 | 13.6573 |