2023 BDT to BGN Historical Review

YEARLY HIGH

0.0179 BGN

YEARLY LOW

0.0160 BGN

YEARLY AVERAGE

0.0167 BGN

2023 BDT to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0179. Conversely, the yearly low was recorded on July 14, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0019 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0163, the exchange rate registered a net change of -5.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0179 was down 17.63% compared to the 2022 peak of 0.0218, 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 90 BGN

2022 Average 100 BGN

Yearly Trough Low 80 BGN

Transaction Impact: A difference of 9.53 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0174

0.0162

JanuMarcMayJulySeptNove

BDT to BGN 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 0.0170, compared to 0.0165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0170

H2 Avg (Jul–Dec) 0.0165

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 BGN (High: 0.0179 / Low: 0.0169). On the other end, October was the most stable month, with a tight range of 0.0003 BGN (High: 0.0169 / Low: 0.0166).

January Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0173) against the same month in 2022 (average: 0.0201), the exchange rate shifted by -0.0028 (-13.95%).

2023 Avg (January) 0.0173

2022 Avg (January) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0179	0.0169	0.0173
February	0.0177	0.0167	0.0172
March	0.0176	0.0167	0.0172
April	0.0170	0.0166	0.0168
May	0.0171	0.0165	0.0168
June	0.0170	0.0165	0.0167
July	0.0167	0.0160	0.0163
August	0.0166	0.0163	0.0164
September	0.0169	0.0165	0.0167
October	0.0169	0.0166	0.0168
November	0.0168	0.0161	0.0164
December	0.0165	0.0160	0.0163