YEARLY HIGH
55.4198 BDT
YEARLY LOW
51.5796 BDT
YEARLY AVERAGE
54.0116 BDT

2023 BBD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 55.4198. Conversely, the yearly low was recorded on January 1, dropping to 51.5796.

This high-to-low spread represents a total annual volatility of 3.8402 BDT. From a start-to-finish perspective, comparing the January average rate of 52.4000 to the December average rate of 55.0091, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55.4198 was up 4.19% compared to the 2022 peak of 53.1890, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 277,099 BDT
2022 Average 233,299 BDT
Yearly Trough Low 257,898 BDT
Transaction Impact: A difference of 19,200.83 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55.4366
52.1240
JanuMarcMayJulySeptNove

BBD 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 53.1921, compared to 54.8310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6389 points.

H1 Avg (Jan–Jun) 53.1921
H2 Avg (Jul–Dec) 54.8310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.9333 BDT (High: 54.1742 / Low: 52.2409). On the other end, October was the most stable month, with a tight range of 0.3663 BDT (High: 55.2449 / Low: 54.8786).

February Spread (Volatile) ±1.9333
October Spread (Stable) ±0.3663

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 February and March, when the average rate fell by 0.2213 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 55.1606) against the same month in 2022 (average: 51.0560), the exchange rate shifted by +4.1046 (+8.04%).

2023 Avg (November) 55.1606
2022 Avg (November) 51.0560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.3726 51.5796 52.4000
February 54.1742 52.2409 53.1593
March 53.7700 52.2311 52.9380
April 53.7744 52.3786 53.0681
May 54.1458 52.9709 53.5595
June 54.2174 53.6169 54.0279
July 54.4834 53.7419 54.2025
August 54.9342 54.0924 54.6359
September 55.2449 54.6292 54.8917
October 55.2449 54.8786 55.0861
November 55.4198 54.9231 55.1606
December 55.2958 54.8313 55.0091