YEARLY HIGH
0.1224 GHS
YEARLY LOW
0.0809 GHS
YEARLY AVERAGE
0.1083 GHS

2023 BDT to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 0.1224. Conversely, the yearly low was recorded on January 1, dropping to 0.0809.

This high-to-low spread represents a total annual volatility of 0.0415 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1092 to the December average rate of 0.1093, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1224 was down 14.56% compared to the 2022 peak of 0.1433, 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 612 GHS
2022 Average 477 GHS
Yearly Trough Low 405 GHS
Transaction Impact: A difference of 207.57 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1189
0.1018
JanuMarcMayJulySeptNove

BDT to GHS 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 0.1103, compared to 0.1062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1103
H2 Avg (Jul–Dec) 0.1062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0385 GHS (High: 0.1194 / Low: 0.0809). On the other end, December was the most stable month, with a tight range of 0.0008 GHS (High: 0.1096 / Low: 0.1088).

January Spread (Volatile) ±0.0385
December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and December, 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 0.0087 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1165) against the same month in 2022 (average: 0.0839), the exchange rate shifted by +0.0326 (+38.87%).

2023 Avg (March) 0.1165
2022 Avg (March) 0.0839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1194 0.0809 0.1092
February 0.1220 0.1138 0.1174
March 0.1224 0.1089 0.1165
April 0.1134 0.1000 0.1078
May 0.1113 0.0991 0.1061
June 0.1064 0.1038 0.1048
July 0.1071 0.1043 0.1052
August 0.1046 0.1020 0.1032
September 0.1052 0.1037 0.1046
October 0.1080 0.1051 0.1067
November 0.1089 0.1077 0.1083
December 0.1096 0.1088 0.1093