YEARLY HIGH
61.4525 BDT
YEARLY LOW
57.2348 BDT
YEARLY AVERAGE
59.9621 BDT

2023 ANG to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 61.4525. Conversely, the yearly low was recorded on January 1, dropping to 57.2348.

This high-to-low spread represents a total annual volatility of 4.2176 BDT. From a start-to-finish perspective, comparing the January average rate of 58.1487 to the December average rate of 60.9824, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 61.4525 was up 4.12% compared to the 2022 peak of 59.0202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 307,262 BDT
2022 Average 258,911 BDT
Yearly Trough Low 286,174 BDT
Transaction Impact: A difference of 21,088.20 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

61.5920
57.8357
JanuMarcMayJulySeptNove

ANG 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 59.0560, compared to 60.8681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8121 points.

H1 Avg (Jan–Jun) 59.0560
H2 Avg (Jul–Dec) 60.8681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.1356 BDT (High: 60.1219 / Low: 57.9863). On the other end, October was the most stable month, with a tight range of 0.2019 BDT (High: 61.1890 / Low: 60.9871).

February Spread (Volatile) ±2.1356
October Spread (Stable) ±0.2019

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2965 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2965

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 61.2790) against the same month in 2022 (average: 56.7152), the exchange rate shifted by +4.5637 (+8.05%).

2023 Avg (November) 61.2790
2022 Avg (November) 56.7152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.2318 57.2348 58.1487
February 60.1219 57.9863 58.9854
March 59.7588 57.9654 58.8329
April 59.6846 58.3205 58.9512
May 60.0841 58.8806 59.4522
June 60.1605 59.5228 59.9658
July 60.3659 59.8049 60.2183
August 60.7384 60.0093 60.6321
September 61.1885 60.6200 60.9280
October 61.1890 60.9871 61.1689
November 61.4525 60.8834 61.2790
December 61.1736 60.8874 60.9824