YEARLY HIGH
0.0756 HKD
YEARLY LOW
0.0704 HKD
YEARLY AVERAGE
0.0725 HKD

2023 BDT to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0756. Conversely, the yearly low was recorded on November 20, dropping to 0.0704.

This high-to-low spread represents a total annual volatility of 0.0053 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0746 to the December average rate of 0.0710, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0756 was down 17.32% compared to the 2022 peak of 0.0915, 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 378 HKD
2022 Average 422 HKD
Yearly Trough Low 352 HKD
Transaction Impact: A difference of 26.26 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0750
0.0704
JanuMarcMayJulySeptNove

BDT to HKD 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 0.0737, compared to 0.0713 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) 0.0737
H2 Avg (Jul–Dec) 0.0713

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 HKD (High: 0.0751 / Low: 0.0724). On the other end, October was the most stable month, with a tight range of 0.0005 HKD (High: 0.0714 / Low: 0.0709).

February Spread (Volatile) ±0.0027
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0746) against the same month in 2022 (average: 0.0907), the exchange rate shifted by -0.0161 (-17.74%).

2023 Avg (January) 0.0746
2022 Avg (January) 0.0907

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0756 0.0733 0.0746
February 0.0751 0.0724 0.0738
March 0.0751 0.0730 0.0741
April 0.0749 0.0730 0.0740
May 0.0741 0.0724 0.0732
June 0.0731 0.0722 0.0725
July 0.0729 0.0718 0.0721
August 0.0722 0.0712 0.0716
September 0.0718 0.0709 0.0713
October 0.0714 0.0709 0.0710
November 0.0712 0.0704 0.0708
December 0.0712 0.0706 0.0710