YEARLY HIGH
47.9441 COP
YEARLY LOW
34.8962 COP
YEARLY AVERAGE
40.0958 COP

2023 BDT to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 47.9441. Conversely, the yearly low was recorded on December 28, dropping to 34.8962.

This high-to-low spread represents a total annual volatility of 13.0480 COP. From a start-to-finish perspective, comparing the January average rate of 44.9880 to the December average rate of 35.9663, the exchange rate registered a net change of -20.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.9441 was down 4.21% compared to the 2022 peak of 50.0490, 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 239,721 COP
2022 Average 227,967 COP
Yearly Trough Low 174,481 COP
Transaction Impact: A difference of 65,239.82 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.0285
35.0516
JanuMarcMayJulySeptNove

BDT to COP 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 43.1741, compared to 37.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1564 points.

H1 Avg (Jan–Jun) 43.1741
H2 Avg (Jul–Dec) 37.0176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.2646 COP (High: 47.9441 / Low: 42.6795). On the other end, November was the most stable month, with a tight range of 1.4676 COP (High: 37.2533 / Low: 35.7857).

January Spread (Volatile) ±5.2646
November Spread (Stable) ±1.4676

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 May and June, when the average rate fell by 3.5036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.5036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 44.9880) against the same month in 2022 (average: 46.5768), the exchange rate shifted by -1.5888 (-3.41%).

2023 Avg (January) 44.9880
2022 Avg (January) 46.5768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.9441 42.6795 44.9880
February 46.5799 42.7292 45.1138
March 46.5275 42.9601 44.9416
April 44.2914 41.2392 42.7242
May 44.2117 40.9507 42.3902
June 41.2912 37.6646 38.8866
July 38.9616 36.1920 37.5013
August 38.3144 36.0622 37.2705
September 37.5902 35.5536 36.5217
October 39.5808 36.9244 38.3121
November 37.2533 35.7857 36.5340
December 36.6413 34.8962 35.9663