YEARLY HIGH
1.7232 DJF
YEARLY LOW
1.6022 DJF
YEARLY AVERAGE
1.6468 DJF

2023 BDT to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.7232. Conversely, the yearly low was recorded on November 15, dropping to 1.6022.

This high-to-low spread represents a total annual volatility of 0.1210 DJF. From a start-to-finish perspective, comparing the January average rate of 1.6963 to the December average rate of 1.6188, the exchange rate registered a net change of -4.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7232 was down 17.29% compared to the 2022 peak of 2.0834, 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 8,616 DJF
2022 Average 9,589 DJF
Yearly Trough Low 8,011 DJF
Transaction Impact: A difference of 605.00 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7049
1.6016
JanuMarcMayJulySeptNove

BDT to DJF 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 1.6716, compared to 1.6220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0496 points.

H1 Avg (Jan–Jun) 1.6716
H2 Avg (Jul–Dec) 1.6220

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0570 DJF (High: 1.7232 / Low: 1.6662). On the other end, October was the most stable month, with a tight range of 0.0089 DJF (High: 1.6192 / Low: 1.6103).

January Spread (Volatile) ±0.0570
October Spread (Stable) ±0.0089

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 0.0220 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.6963) against the same month in 2022 (average: 2.0706), the exchange rate shifted by -0.3744 (-18.08%).

2023 Avg (January) 1.6963
2022 Avg (January) 2.0706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7232 1.6662 1.6963
February 1.7049 1.6566 1.6742
March 1.7027 1.6536 1.6781
April 1.6891 1.6519 1.6736
May 1.6790 1.6421 1.6604
June 1.6657 1.6356 1.6471
July 1.6460 1.6313 1.6389
August 1.6429 1.6224 1.6281
September 1.6313 1.6138 1.6215
October 1.6192 1.6103 1.6144
November 1.6195 1.6022 1.6102
December 1.6284 1.6095 1.6188