YEARLY HIGH
109.2417 SYP
YEARLY LOW
20.9088 SYP
YEARLY AVERAGE
24.3962 SYP

2024 BDT to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 109.2417. Conversely, the yearly low was recorded on November 10, dropping to 20.9088.

This high-to-low spread represents a total annual volatility of 88.3329 SYP. From a start-to-finish perspective, comparing the January average rate of 22.8971 to the December average rate of 52.2015, the exchange rate registered a net change of 127.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 109.2417 was up 348.52% compared to the 2023 peak of 24.3559, 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 546,209 SYP
2023 Average 116,326 SYP
Yearly Trough Low 104,544 SYP
Transaction Impact: A difference of 441,664.40 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55.3205
17.8925
JanuMarcMayJulySeptNove

BDT to SYP 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 22.4751, compared to 26.3172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8421 points.

H1 Avg (Jan–Jun) 22.4751
H2 Avg (Jul–Dec) 26.3172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 88.2477 SYP (High: 109.2417 / Low: 20.9941). On the other end, July was the most stable month, with a tight range of 0.0806 SYP (High: 21.4447 / Low: 21.3641).

December Spread (Volatile) ±88.2477
July Spread (Stable) ±0.0806

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 1.0300 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 52.2015) against the same month in 2023 (average: 22.8375), the exchange rate shifted by +29.3640 (+128.58%).

2024 Avg (December) 52.2015
2023 Avg (December) 22.8375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.9585 22.8300 22.8971
February 22.9413 22.6850 22.8892
March 22.9950 22.8322 22.9065
April 22.9538 22.8366 22.9008
May 22.9571 21.3730 21.8708
June 21.4311 21.2521 21.3863
July 21.4447 21.3641 21.3879
August 21.5779 20.9672 21.2587
September 21.0785 20.9895 21.0219
October 21.0416 20.9393 21.0115
November 21.1216 20.9088 21.0219
December 109.2417 20.9941 52.2015