2023 BDT to GEL Historical Review

YEARLY HIGH

0.0262 GEL

YEARLY LOW

0.0231 GEL

YEARLY AVERAGE

0.0243 GEL

2023 BDT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0262. Conversely, the yearly low was recorded on May 9, dropping to 0.0231.

This high-to-low spread represents a total annual volatility of 0.0031 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0254 to the December average rate of 0.0244, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0262 was down 34.79% compared to the 2022 peak of 0.0401, 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 131 GEL

2022 Average 158 GEL

Yearly Trough Low 115 GEL

Transaction Impact: A difference of 15.44 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0256

0.0236

JanuMarcMayJulySeptNove

BDT to GEL 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 0.0244, compared to 0.0242 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) 0.0244

H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0015 GEL (High: 0.0262 / Low: 0.0246). On the other end, October was the most stable month, with a tight range of 0.0003 GEL (High: 0.0246 / Low: 0.0242).

January Spread (Volatile) ±0.0015

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0254) against the same month in 2022 (average: 0.0358), the exchange rate shifted by -0.0104 (-29.02%).

2023 Avg (January) 0.0254

2022 Avg (January) 0.0358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0262	0.0246	0.0254
February	0.0255	0.0243	0.0249
March	0.0252	0.0238	0.0244
April	0.0243	0.0233	0.0238
May	0.0243	0.0231	0.0237
June	0.0244	0.0240	0.0242
July	0.0243	0.0236	0.0239
August	0.0241	0.0237	0.0239
September	0.0246	0.0238	0.0241
October	0.0246	0.0242	0.0244
November	0.0247	0.0242	0.0245
December	0.0245	0.0242	0.0244