2023 BDT to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BDT to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BDT to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 150.8024. Conversely, the yearly low was recorded on May 9, dropping to 136.4464.
This high-to-low spread represents a total annual volatility of 14.3560 IDR. From a start-to-finish perspective, comparing the January average rate of 145.4783 to the December average rate of 140.7308, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 150.8024 was down 10.89% compared to the 2022 peak of 169.2227, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BDT to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 141.6138, compared to 140.6106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0031 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 10.5129 IDR (High: 150.8024 / Low: 140.2895). On the other end, August was the most stable month, with a tight range of 1.5400 IDR (High: 140.4610 / Low: 138.9210).
Growth Streaks & Declines
TrendsBetween June and October, 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 4.3773 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 145.4783) against the same month in 2022 (average: 166.8673), the exchange rate shifted by -21.3890 (-12.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 150.8024 | 140.2895 | 145.4783 |
| February | 145.9490 | 138.7695 | 142.6592 |
| March | 147.8249 | 139.8709 | 144.4999 |
| April | 142.1270 | 138.2372 | 140.1226 |
| May | 139.9948 | 136.4464 | 138.5972 |
| June | 139.4667 | 137.1105 | 138.3255 |
| July | 140.6554 | 137.6170 | 138.9186 |
| August | 140.4610 | 138.9210 | 139.7101 |
| September | 141.1028 | 138.4626 | 140.0510 |
| October | 144.6745 | 139.8815 | 143.0497 |
| November | 144.3582 | 138.9995 | 141.2037 |
| December | 142.1948 | 139.6217 | 140.7308 |