2023 BDT to ETB Historical Review

YEARLY HIGH

0.5198 ETB

YEARLY LOW

0.4954 ETB

YEARLY AVERAGE

0.5068 ETB

2023 BDT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5198. Conversely, the yearly low was recorded on February 4, dropping to 0.4954.

This high-to-low spread represents a total annual volatility of 0.0243 ETB. From a start-to-finish perspective, comparing the January average rate of 0.5119 to the December average rate of 0.5105, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5198 was down 13.14% compared to the 2022 peak of 0.5984, 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 2,599 ETB

2022 Average 2,794 ETB

Yearly Trough Low 2,477 ETB

Transaction Impact: A difference of 121.60 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5127

0.5021

JanuMarcMayJulySeptNove

BDT to ETB 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 0.5080, compared to 0.5056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.5080

H2 Avg (Jul–Dec) 0.5056

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0193 ETB (High: 0.5148 / Low: 0.4954). On the other end, August was the most stable month, with a tight range of 0.0043 ETB (High: 0.5064 / Low: 0.5020).

February Spread (Volatile) ±0.0193

August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5119) against the same month in 2022 (average: 0.5774), the exchange rate shifted by -0.0655 (-11.35%).

2023 Avg (January) 0.5119

2022 Avg (January) 0.5774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5198	0.5027	0.5119
February	0.5148	0.4954	0.5052
March	0.5145	0.5005	0.5077
April	0.5168	0.5030	0.5104
May	0.5129	0.5022	0.5076
June	0.5110	0.5018	0.5051
July	0.5085	0.5026	0.5058
August	0.5064	0.5020	0.5041
September	0.5058	0.5000	0.5030
October	0.5082	0.5017	0.5048
November	0.5095	0.5022	0.5053
December	0.5132	0.5051	0.5105