YEARLY HIGH
0.1660 BDT
YEARLY LOW
0.0340 BDT
YEARLY AVERAGE
0.0857 BDT

2021 SYP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1660. Conversely, the yearly low was recorded on December 12, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.1320 BDT. From a start-to-finish perspective, comparing the January average rate of 0.1654 to the December average rate of 0.0341, the exchange rate registered a net change of -79.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1660 was down 0.34% compared to the 2020 peak of 0.1665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 830 BDT
2020 Average 827 BDT
Yearly Trough Low 170 BDT
Transaction Impact: A difference of 659.82 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1785
0.0210
JanuMarcMayJulySeptNove

SYP 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 0.1114, compared to 0.0599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0515 points.

H1 Avg (Jan–Jun) 0.1114
H2 Avg (Jul–Dec) 0.0599

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0982 BDT (High: 0.1655 / Low: 0.0672). On the other end, October was the most stable month, with a tight range of 0.0002 BDT (High: 0.0682 / Low: 0.0680).

March Spread (Volatile) ±0.0982
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0683 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1654) against the same month in 2020 (average: 0.1647), the exchange rate shifted by +0.0006 (+0.38%).

2021 Avg (January) 0.1654
2020 Avg (January) 0.1647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1660 0.1648 0.1654
February 0.1655 0.1651 0.1653
March 0.1655 0.0672 0.1356
April 0.0675 0.0671 0.0674
May 0.0677 0.0669 0.0674
June 0.0675 0.0673 0.0674
July 0.0675 0.0672 0.0674
August 0.0679 0.0673 0.0676
September 0.0681 0.0676 0.0678
October 0.0682 0.0680 0.0681
November 0.0684 0.0341 0.0546
December 0.0344 0.0340 0.0341