2023 BDT to DKK Historical Review

YEARLY HIGH

0.0682 DKK

YEARLY LOW

0.0609 DKK

YEARLY AVERAGE

0.0638 DKK

2023 BDT to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0682. Conversely, the yearly low was recorded on July 17, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0072 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0658 to the December average rate of 0.0621, the exchange rate registered a net change of -5.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0682 was down 17.53% compared to the 2022 peak of 0.0827, 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 341 DKK

2022 Average 380 DKK

Yearly Trough Low 305 DKK

Transaction Impact: A difference of 36.24 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0662

0.0617

JanuMarcMayJulySeptNove

BDT to DKK 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 0.0648, compared to 0.0628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0648

H2 Avg (Jul–Dec) 0.0628

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0041 DKK (High: 0.0682 / Low: 0.0641). On the other end, October was the most stable month, with a tight range of 0.0011 DKK (High: 0.0646 / Low: 0.0635).

January Spread (Volatile) ±0.0041

October Spread (Stable) ±0.0011

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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0658) against the same month in 2022 (average: 0.0765), the exchange rate shifted by -0.0107 (-13.98%).

2023 Avg (January) 0.0658

2022 Avg (January) 0.0765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0682	0.0641	0.0658
February	0.0674	0.0636	0.0655
March	0.0670	0.0637	0.0657
April	0.0650	0.0631	0.0641
May	0.0650	0.0627	0.0640
June	0.0648	0.0626	0.0636
July	0.0635	0.0609	0.0622
August	0.0632	0.0620	0.0625
September	0.0643	0.0628	0.0636
October	0.0646	0.0635	0.0641
November	0.0640	0.0615	0.0625
December	0.0630	0.0611	0.0621