YEARLY HIGH
0.0670 BOB
YEARLY LOW
0.0624 BOB
YEARLY AVERAGE
0.0640 BOB

2023 BDT to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0670. Conversely, the yearly low was recorded on November 2, dropping to 0.0624.

This high-to-low spread represents a total annual volatility of 0.0046 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0659 to the December average rate of 0.0629, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0670 was down 16.81% compared to the 2022 peak of 0.0805, 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 335 BOB
2022 Average 371 BOB
Yearly Trough Low 312 BOB
Transaction Impact: A difference of 22.99 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0663
0.0622
JanuMarcMayJulySeptNove

BDT to BOB 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 0.0649, compared to 0.0630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0649
H2 Avg (Jul–Dec) 0.0630

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0023 BOB (High: 0.0661 / Low: 0.0638). On the other end, October was the most stable month, with a tight range of 0.0000 BOB (High: 0.0627 / Low: 0.0627).

February Spread (Volatile) ±0.0023
October Spread (Stable) ±0.0000

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 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0659) against the same month in 2022 (average: 0.0802), the exchange rate shifted by -0.0143 (-17.79%).

2023 Avg (January) 0.0659
2022 Avg (January) 0.0802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0670 0.0647 0.0659
February 0.0661 0.0638 0.0650
March 0.0661 0.0642 0.0652
April 0.0660 0.0642 0.0651
May 0.0653 0.0638 0.0645
June 0.0644 0.0637 0.0639
July 0.0641 0.0635 0.0637
August 0.0639 0.0631 0.0632
September 0.0632 0.0627 0.0629
October 0.0627 0.0627 0.0627
November 0.0629 0.0624 0.0626
December 0.0632 0.0627 0.0629