2023 BDT to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BDT to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BDT to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 25.4515. Conversely, the yearly low was recorded on February 4, dropping to 18.8743.
This high-to-low spread represents a total annual volatility of 6.5772 CDF. From a start-to-finish perspective, comparing the January average rate of 19.5504 to the December average rate of 24.7466, the exchange rate registered a net change of 26.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 25.4515 was up 8.38% compared to the 2022 peak of 23.4832, 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 CDF 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 20.0614, compared to 23.1196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 2.8898 CDF (High: 21.7808 / Low: 18.8909). On the other end, September was the most stable month, with a tight range of 0.4266 CDF (High: 22.8245 / Low: 22.3979).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1490 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 24.7466) against the same month in 2022 (average: 19.7099), the exchange rate shifted by +5.0367 (+25.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.8345 | 19.2418 | 19.5504 |
| February | 19.8701 | 18.8743 | 19.4014 |
| March | 19.8379 | 19.1072 | 19.5340 |
| April | 20.7080 | 19.1183 | 19.6101 |
| May | 21.7808 | 18.8909 | 20.4299 |
| June | 22.2764 | 21.4996 | 21.8424 |
| July | 23.4841 | 22.2764 | 22.7760 |
| August | 22.8506 | 22.3886 | 22.6613 |
| September | 22.8245 | 22.3979 | 22.6241 |
| October | 23.6125 | 22.4579 | 22.8576 |
| November | 24.6940 | 22.4007 | 23.0521 |
| December | 25.4515 | 24.2070 | 24.7466 |