2023 BDT to FJD Historical Review

YEARLY HIGH

0.0215 FJD

YEARLY LOW

0.0199 FJD

YEARLY AVERAGE

0.0206 FJD

2023 BDT to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0215. Conversely, the yearly low was recorded on December 28, dropping to 0.0199.

This high-to-low spread represents a total annual volatility of 0.0017 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0201, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0215 was down 16.07% compared to the 2022 peak of 0.0257, 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 108 FJD

2022 Average 118 FJD

Yearly Trough Low 99 FJD

Transaction Impact: A difference of 8.31 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0210

0.0201

JanuMarcMayJulySeptNove

BDT to FJD 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 0.0208, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0208

H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0013 FJD (High: 0.0215 / Low: 0.0202). On the other end, September was the most stable month, with a tight range of 0.0003 FJD (High: 0.0208 / Low: 0.0205).

January Spread (Volatile) ±0.0013

September Spread (Stable) ±0.0003

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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0208) against the same month in 2022 (average: 0.0248), the exchange rate shifted by -0.0040 (-16.19%).

2023 Avg (January) 0.0208

2022 Avg (January) 0.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0215	0.0202	0.0208
February	0.0212	0.0201	0.0206
March	0.0213	0.0205	0.0210
April	0.0212	0.0205	0.0209
May	0.0210	0.0203	0.0208
June	0.0210	0.0203	0.0206
July	0.0208	0.0200	0.0205
August	0.0210	0.0203	0.0206
September	0.0208	0.0205	0.0207
October	0.0208	0.0205	0.0207
November	0.0208	0.0202	0.0205
December	0.0204	0.0199	0.0201