YEARLY HIGH
42.9164 BDT
YEARLY LOW
39.0229 BDT
YEARLY AVERAGE
41.2239 BDT

2024 WST to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 42.9164. Conversely, the yearly low was recorded on March 24, dropping to 39.0229.

This high-to-low spread represents a total annual volatility of 3.8935 BDT. From a start-to-finish perspective, comparing the January average rate of 39.1898 to the December average rate of 42.6664, 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 42.9164 was up 5.59% compared to the 2023 peak of 40.6437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 214,582 BDT
2023 Average 197,719 BDT
Yearly Trough Low 195,114 BDT
Transaction Impact: A difference of 19,467.64 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

43.0602
38.8204
JanuMarcMayJulySeptNove

WST 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 39.9624, compared to 42.4855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5231 points.

H1 Avg (Jan–Jun) 39.9624
H2 Avg (Jul–Dec) 42.4855

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.8970 BDT (High: 41.9843 / Low: 39.0873). On the other end, July was the most stable month, with a tight range of 0.1578 BDT (High: 42.0019 / Low: 41.8441).

May Spread (Volatile) ±2.8970
July Spread (Stable) ±0.1578

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 0.0297 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 42.6857) against the same month in 2023 (average: 39.4004), the exchange rate shifted by +3.2853 (+8.34%).

2024 Avg (November) 42.6857
2023 Avg (November) 39.4004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.3050 39.0850 39.1898
February 39.5562 39.1143 39.2034
March 39.3012 39.0229 39.1737
April 39.2936 39.0930 39.1835
May 41.9843 39.0873 41.0655
June 42.2233 41.8707 41.9583
July 42.0019 41.8441 41.9551
August 42.7970 41.5857 42.2132
September 42.7514 42.5710 42.6856
October 42.8539 42.6456 42.7068
November 42.9164 42.4842 42.6857
December 42.7422 42.5073 42.6664