YEARLY HIGH
150.8024 IDR
YEARLY LOW
136.4464 IDR
YEARLY AVERAGE
141.1122 IDR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BDT based on timing:

Yearly Peak High 754,012 IDR
2022 Average 798,158 IDR
Yearly Trough Low 682,232 IDR
Transaction Impact: A difference of 71,780.04 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

146.1936
137.6102
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 141.6138
H2 Avg (Jul–Dec) 140.6106

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±10.5129
August Spread (Stable) ±1.5400

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.3773

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 145.4783
2022 Avg (January) 166.8673

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