YEARLY HIGH
11.2521 BDT
YEARLY LOW
10.0000 BDT
YEARLY AVERAGE
10.7095 BDT

2024 TJS to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 11.2521. Conversely, the yearly low was recorded on February 28, dropping to 10.0000.

This high-to-low spread represents a total annual volatility of 1.2521 BDT. From a start-to-finish perspective, comparing the January average rate of 10.0451 to the December average rate of 10.9476, the exchange rate registered a net change of 8.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.2521 was up 5.27% compared to the 2023 peak of 10.6884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,261 BDT
2023 Average 50,006 BDT
Yearly Trough Low 50,000 BDT
Transaction Impact: A difference of 6,260.61 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.3461
9.9027
JanuMarcMayJulySeptNove

TJS 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 10.2881, compared to 11.1308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8427 points.

H1 Avg (Jan–Jun) 10.2881
H2 Avg (Jul–Dec) 11.1308

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8969 BDT (High: 10.9467 / Low: 10.0498). On the other end, March was the most stable month, with a tight range of 0.0377 BDT (High: 10.0419 / Low: 10.0042).

May Spread (Volatile) ±0.8969
March Spread (Stable) ±0.0377

Growth Streaks & Declines

Trends

Between March and September, 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 November and December, when the average rate fell by 0.2556 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 11.2219) against the same month in 2023 (average: 10.0450), the exchange rate shifted by +1.1769 (+11.72%).

2024 Avg (October) 11.2219
2023 Avg (October) 10.0450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0693 10.0088 10.0451
February 10.0508 10.0000 10.0293
March 10.0419 10.0042 10.0230
April 10.0591 10.0135 10.0349
May 10.9467 10.0498 10.6035
June 11.1113 10.9067 10.9929
July 11.1048 10.9757 11.0432
August 11.2443 11.0329 11.1432
September 11.2434 11.1992 11.2259
October 11.2521 11.2052 11.2219
November 11.2428 10.9630 11.2032
December 10.9737 10.9229 10.9476