2023 BDT to AFN Historical Review

YEARLY HIGH

0.8678 AFN

YEARLY LOW

0.6235 AFN

YEARLY AVERAGE

0.7671 AFN

2023 BDT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.8678. Conversely, the yearly low was recorded on November 22, dropping to 0.6235.

This high-to-low spread represents a total annual volatility of 0.2444 AFN. From a start-to-finish perspective, comparing the January average rate of 0.8479 to the December average rate of 0.6358, the exchange rate registered a net change of -25.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8678 was down 29.32% compared to the 2022 peak of 1.2279, 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 4,339 AFN

2022 Average 4,856 AFN

Yearly Trough Low 3,117 AFN

Transaction Impact: A difference of 1,221.91 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8692

0.6146

JanuMarcMayJulySeptNove

BDT to AFN 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 0.8257, compared to 0.7085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1172 points.

H1 Avg (Jan–Jun) 0.8257

H2 Avg (Jul–Dec) 0.7085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0781 AFN (High: 0.7456 / Low: 0.6675). On the other end, December was the most stable month, with a tight range of 0.0143 AFN (High: 0.6436 / Low: 0.6294).

September Spread (Volatile) ±0.0781

December Spread (Stable) ±0.0143

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 August and September, when the average rate fell by 0.0625 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8433) against the same month in 2022 (average: 1.0850), the exchange rate shifted by -0.2417 (-22.28%).

2023 Avg (February) 0.8433

2022 Avg (February) 1.0850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8660	0.8332	0.8479
February	0.8678	0.8231	0.8433
March	0.8518	0.7997	0.8276
April	0.8614	0.8021	0.8163
May	0.8276	0.8010	0.8167
June	0.8156	0.7872	0.8025
July	0.8141	0.7876	0.7991
August	0.7979	0.7432	0.7726
September	0.7456	0.6675	0.7101
October	0.7107	0.6655	0.6856
November	0.6759	0.6235	0.6478
December	0.6436	0.6294	0.6358