2023 BDT to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BDT to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BDT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 26.3792. Conversely, the yearly low was recorded on February 4, dropping to 19.1143.
This high-to-low spread represents a total annual volatility of 7.2649 BIF. From a start-to-finish perspective, comparing the January average rate of 19.7436 to the December average rate of 25.9117, the exchange rate registered a net change of 31.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.3792 was up 10.68% compared to the 2022 peak of 23.8348, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BDT to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.1607, compared to 25.8805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7198 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 7.0304 BIF (High: 26.3243 / Low: 19.2939). On the other end, December was the most stable month, with a tight range of 0.2007 BIF (High: 25.9986 / Low: 25.7979).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2417 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 26.1013) against the same month in 2022 (average: 21.8832), the exchange rate shifted by +4.2181 (+19.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.0513 | 19.4149 | 19.7436 |
| February | 19.8367 | 19.1143 | 19.5020 |
| March | 19.8233 | 19.3107 | 19.6115 |
| April | 19.7909 | 19.3454 | 19.5916 |
| May | 26.3243 | 19.2939 | 22.3318 |
| June | 26.3293 | 26.0791 | 26.1835 |
| July | 26.3792 | 25.9981 | 26.1013 |
| August | 26.1920 | 25.8193 | 25.9363 |
| September | 25.9422 | 25.7142 | 25.8320 |
| October | 25.8981 | 25.6963 | 25.7625 |
| November | 25.8674 | 25.6437 | 25.7393 |
| December | 25.9986 | 25.7979 | 25.9117 |