2024 SYP to BDT Historical Review

YEARLY HIGH

0.0478 BDT

YEARLY LOW

0.0092 BDT

YEARLY AVERAGE

0.0448 BDT

2024 SYP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0478. Conversely, the yearly low was recorded on December 22, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0387 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0437 to the December average rate of 0.0339, the exchange rate registered a net change of -22.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0478 was up 8.41% compared to the 2023 peak of 0.0441, 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 239 BDT

2023 Average 215 BDT

Yearly Trough Low 46 BDT

Transaction Impact: A difference of 193.36 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0490

0.0326

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 0.0445, compared to 0.0451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0445

H2 Avg (Jul–Dec) 0.0451

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0385 BDT (High: 0.0476 / Low: 0.0092). On the other end, July was the most stable month, with a tight range of 0.0002 BDT (High: 0.0468 / Low: 0.0466).

December Spread (Volatile) ±0.0385

July Spread (Stable) ±0.0002

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 0.0136 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0476) against the same month in 2023 (average: 0.0439), the exchange rate shifted by +0.0037 (+8.34%).

2024 Avg (November) 0.0476

2023 Avg (November) 0.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0438	0.0436	0.0437
February	0.0441	0.0436	0.0437
March	0.0438	0.0435	0.0437
April	0.0438	0.0436	0.0437
May	0.0468	0.0436	0.0458
June	0.0471	0.0467	0.0468
July	0.0468	0.0466	0.0468
August	0.0477	0.0463	0.0470
September	0.0476	0.0474	0.0476
October	0.0478	0.0475	0.0476
November	0.0478	0.0473	0.0476
December	0.0476	0.0092	0.0339