YEARLY HIGH
120.1660 BDT
YEARLY LOW
109.2641 BDT
YEARLY AVERAGE
115.4270 BDT

2024 TMT to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TMT to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 120.1660. Conversely, the yearly low was recorded on March 24, dropping to 109.2641.

This high-to-low spread represents a total annual volatility of 10.9019 BDT. From a start-to-finish perspective, comparing the January average rate of 109.7314 to the December average rate of 119.4660, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 120.1660 was up 8.41% compared to the 2023 peak of 110.8395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 600,830 BDT
2023 Average 540,155 BDT
Yearly Trough Low 546,321 BDT
Transaction Impact: A difference of 54,509.40 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

120.5684
108.6972
JanuMarcMayJulySeptNove

TMT 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 111.8947, compared to 118.9594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.0647 points.

H1 Avg (Jan–Jun) 111.8947
H2 Avg (Jul–Dec) 118.9594

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 8.1116 BDT (High: 117.5561 / Low: 109.4445). On the other end, July was the most stable month, with a tight range of 0.4418 BDT (High: 117.6052 / Low: 117.1634).

May Spread (Volatile) ±8.1116
July Spread (Stable) ±0.4418

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 February and March, when the average rate fell by 0.0831 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 119.5199) against the same month in 2023 (average: 110.3212), the exchange rate shifted by +9.1987 (+8.34%).

2024 Avg (November) 119.5199
2023 Avg (November) 110.3212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.0539 109.4381 109.7314
February 110.7572 109.5200 109.7696
March 110.0433 109.2641 109.6865
April 110.0220 109.4605 109.7138
May 117.5561 109.4445 114.9835
June 118.2251 117.2378 117.4832
July 117.6052 117.1634 117.4742
August 119.8317 116.4401 118.1971
September 119.7040 119.1988 119.5198
October 119.9909 119.4077 119.5792
November 120.1660 118.9557 119.5199
December 119.6782 119.0205 119.4660