YEARLY HIGH
2.9678 BDT
YEARLY LOW
2.7533 BDT
YEARLY AVERAGE
2.8733 BDT

2024 UAH to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 2.9678. Conversely, the yearly low was recorded on April 20, dropping to 2.7533.

This high-to-low spread represents a total annual volatility of 0.2144 BDT. From a start-to-finish perspective, comparing the January average rate of 2.8997 to the December average rate of 2.8598, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9678 was down 3.46% compared to the 2023 peak of 3.0742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,839 BDT
2023 Average 14,680 BDT
Yearly Trough Low 13,767 BDT
Transaction Impact: A difference of 1,072.03 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9128
2.7749
JanuMarcMayJulySeptNove

UAH 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 2.8673, compared to 2.8792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 2.8673
H2 Avg (Jul–Dec) 2.8792

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1962 BDT (High: 2.9678 / Low: 2.7716). On the other end, October was the most stable month, with a tight range of 0.0148 BDT (High: 2.9026 / Low: 2.8878).

May Spread (Volatile) ±0.1962
October Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between July and October, 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 0.0560 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.8933) against the same month in 2023 (average: 2.9031), the exchange rate shifted by -0.0098 (-0.34%).

2024 Avg (May) 2.8933
2023 Avg (May) 2.9031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9331 2.8692 2.8997
February 2.9255 2.8408 2.8895
March 2.8814 2.7936 2.8335
April 2.8261 2.7533 2.7864
May 2.9678 2.7716 2.8933
June 2.9273 2.8842 2.9013
July 2.8993 2.8216 2.8649
August 2.9101 2.8416 2.8702
September 2.9156 2.8801 2.8962
October 2.9026 2.8878 2.8974
November 2.8987 2.8701 2.8869
December 2.8858 2.8397 2.8598