YEARLY HIGH
0.0092 BMD
YEARLY LOW
0.0083 BMD
YEARLY AVERAGE
0.0087 BMD

2024 BDT to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0092. Conversely, the yearly low was recorded on November 10, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0008 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0084, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0092 was down 5.59% compared to the 2023 peak of 0.0097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46 BMD
2023 Average 46 BMD
Yearly Trough Low 42 BMD
Transaction Impact: A difference of 4.15 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0092
0.0083
JanuMarcMayJulySeptNove

BDT to BMD 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 0.0089, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 BMD (High: 0.0091 / Low: 0.0085). On the other end, July was the most stable month, with a tight range of 0.0000 BMD (High: 0.0085 / Low: 0.0085).

May Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0091) against the same month in 2023 (average: 0.0094), the exchange rate shifted by -0.0003 (-3.48%).

2024 Avg (March) 0.0091
2023 Avg (March) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0091 0.0091 0.0091
February 0.0091 0.0090 0.0091
March 0.0092 0.0091 0.0091
April 0.0091 0.0091 0.0091
May 0.0091 0.0085 0.0087
June 0.0085 0.0085 0.0085
July 0.0085 0.0085 0.0085
August 0.0086 0.0083 0.0085
September 0.0084 0.0084 0.0084
October 0.0084 0.0083 0.0084
November 0.0084 0.0083 0.0084
December 0.0084 0.0084 0.0084