YEARLY HIGH
0.6142 GMD
YEARLY LOW
0.5470 GMD
YEARLY AVERAGE
0.5766 GMD

2023 BDT to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6142. Conversely, the yearly low was recorded on July 11, dropping to 0.5470.

This high-to-low spread represents a total annual volatility of 0.0672 GMD. From a start-to-finish perspective, comparing the January average rate of 0.5919 to the December average rate of 0.6122, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6142 was down 3.10% compared to the 2022 peak of 0.6338, 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 3,071 GMD
2022 Average 2,975 GMD
Yearly Trough Low 2,735 GMD
Transaction Impact: A difference of 336.00 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6184
0.5440
JanuMarcMayJulySeptNove

BDT to GMD 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 0.5730, compared to 0.5803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.5730
H2 Avg (Jul–Dec) 0.5803

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0400 GMD (High: 0.5900 / Low: 0.5499). On the other end, July was the most stable month, with a tight range of 0.0071 GMD (High: 0.5540 / Low: 0.5470).

September Spread (Volatile) ±0.0400
July Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0247 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6122) against the same month in 2022 (average: 0.5980), the exchange rate shifted by +0.0142 (+2.37%).

2023 Avg (December) 0.6122
2022 Avg (December) 0.5980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6006 0.5789 0.5919
February 0.5848 0.5630 0.5747
March 0.5866 0.5701 0.5798
April 0.5917 0.5648 0.5827
May 0.5667 0.5506 0.5580
June 0.5555 0.5470 0.5505
July 0.5540 0.5470 0.5502
August 0.5583 0.5496 0.5544
September 0.5900 0.5499 0.5630
October 0.5995 0.5826 0.5956
November 0.6125 0.5884 0.6064
December 0.6142 0.6057 0.6122