YEARLY HIGH
0.0675 CNY
YEARLY LOW
0.0625 CNY
YEARLY AVERAGE
0.0655 CNY

2023 BDT to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.0675. Conversely, the yearly low was recorded on February 5, dropping to 0.0625.

This high-to-low spread represents a total annual volatility of 0.0049 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0648 to the December average rate of 0.0647, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0675 was down 13.87% compared to the 2022 peak of 0.0783, 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 337 CNY
2022 Average 361 CNY
Yearly Trough Low 313 CNY
Transaction Impact: A difference of 24.71 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0666
0.0642
JanuMarcMayJulySeptNove

BDT to CNY 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 0.0651, compared to 0.0658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0651
H2 Avg (Jul–Dec) 0.0658

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0038 CNY (High: 0.0664 / Low: 0.0625). On the other end, September was the most stable month, with a tight range of 0.0009 CNY (High: 0.0669 / Low: 0.0660).

February Spread (Volatile) ±0.0038
September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0663) against the same month in 2022 (average: 0.0717), the exchange rate shifted by -0.0054 (-7.49%).

2023 Avg (July) 0.0663
2022 Avg (July) 0.0717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0669 0.0633 0.0648
February 0.0664 0.0625 0.0644
March 0.0661 0.0639 0.0651
April 0.0660 0.0640 0.0649
May 0.0663 0.0639 0.0652
June 0.0671 0.0657 0.0662
July 0.0675 0.0654 0.0663
August 0.0668 0.0656 0.0663
September 0.0669 0.0660 0.0664
October 0.0665 0.0649 0.0660
November 0.0665 0.0641 0.0653
December 0.0652 0.0640 0.0647