YEARLY HIGH
0.0132 CAD
YEARLY LOW
0.0120 CAD
YEARLY AVERAGE
0.0125 CAD

2023 BDT to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0132. Conversely, the yearly low was recorded on December 28, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0012 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0122, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0132 was down 12.09% compared to the 2022 peak of 0.0150, 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 66 CAD
2022 Average 70 CAD
Yearly Trough Low 60 CAD
Transaction Impact: A difference of 6.14 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0130
0.0121
JanuMarcMayJulySeptNove

BDT to CAD 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 0.0127, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0127
H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0008 CAD (High: 0.0132 / Low: 0.0125). On the other end, September was the most stable month, with a tight range of 0.0003 CAD (High: 0.0125 / Low: 0.0122).

January Spread (Volatile) ±0.0008
September 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0128) against the same month in 2022 (average: 0.0147), the exchange rate shifted by -0.0019 (-12.89%).

2023 Avg (January) 0.0128
2022 Avg (January) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0125 0.0128
February 0.0131 0.0124 0.0127
March 0.0132 0.0126 0.0129
April 0.0129 0.0125 0.0127
May 0.0129 0.0124 0.0126
June 0.0125 0.0122 0.0123
July 0.0123 0.0121 0.0122
August 0.0125 0.0122 0.0123
September 0.0125 0.0122 0.0123
October 0.0126 0.0123 0.0124
November 0.0126 0.0123 0.0124
December 0.0124 0.0120 0.0122