YEARLY HIGH
0.0356 AED
YEARLY LOW
0.0331 AED
YEARLY AVERAGE
0.0340 AED

2023 BDT to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0356. Conversely, the yearly low was recorded on November 13, dropping to 0.0331.

This high-to-low spread represents a total annual volatility of 0.0025 AED. From a start-to-finish perspective, comparing the January average rate of 0.0351 to the December average rate of 0.0334, the exchange rate registered a net change of -4.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0356 was down 17.28% compared to the 2022 peak of 0.0430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 178 AED
2022 Average 198 AED
Yearly Trough Low 166 AED
Transaction Impact: A difference of 12.32 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0352
0.0331
JanuMarcMayJulySeptNove

BDT to AED 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 0.0345, compared to 0.0335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0345
H2 Avg (Jul–Dec) 0.0335

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0013 AED (High: 0.0352 / Low: 0.0339). On the other end, October was the most stable month, with a tight range of 0.0002 AED (High: 0.0335 / Low: 0.0332).

February Spread (Volatile) ±0.0013
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0351) against the same month in 2022 (average: 0.0428), the exchange rate shifted by -0.0077 (-18.03%).

2023 Avg (January) 0.0351
2022 Avg (January) 0.0428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0356 0.0344 0.0351
February 0.0352 0.0339 0.0346
March 0.0352 0.0342 0.0347
April 0.0351 0.0341 0.0346
May 0.0347 0.0339 0.0343
June 0.0343 0.0339 0.0340
July 0.0342 0.0337 0.0339
August 0.0340 0.0334 0.0336
September 0.0336 0.0332 0.0335
October 0.0335 0.0332 0.0333
November 0.0334 0.0331 0.0333
December 0.0335 0.0332 0.0334