YEARLY HIGH
0.0194 BBD
YEARLY LOW
0.0180 BBD
YEARLY AVERAGE
0.0185 BBD

2023 BDT to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0194. Conversely, the yearly low was recorded on November 13, dropping to 0.0180.

This high-to-low spread represents a total annual volatility of 0.0013 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0191 to the December average rate of 0.0182, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0194 was down 17.27% compared to the 2022 peak of 0.0234, 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 97 BBD
2022 Average 108 BBD
Yearly Trough Low 90 BBD
Transaction Impact: A difference of 6.72 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0192
0.0180
JanuMarcMayJulySeptNove

BDT to BBD 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 0.0188, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0188
H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0007 BBD (High: 0.0191 / Low: 0.0185). On the other end, October was the most stable month, with a tight range of 0.0001 BBD (High: 0.0182 / Low: 0.0181).

February Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0191) against the same month in 2022 (average: 0.0233), the exchange rate shifted by -0.0042 (-18.03%).

2023 Avg (January) 0.0191
2022 Avg (January) 0.0233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0194 0.0187 0.0191
February 0.0191 0.0185 0.0188
March 0.0191 0.0186 0.0189
April 0.0191 0.0186 0.0188
May 0.0189 0.0185 0.0187
June 0.0187 0.0184 0.0185
July 0.0186 0.0184 0.0184
August 0.0185 0.0182 0.0183
September 0.0183 0.0181 0.0182
October 0.0182 0.0181 0.0182
November 0.0182 0.0180 0.0181
December 0.0182 0.0181 0.0182