YEARLY HIGH
0.8021 INR
YEARLY LOW
0.7500 INR
YEARLY AVERAGE
0.7646 INR

2023 BDT to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8021. Conversely, the yearly low was recorded on November 14, dropping to 0.7500.

This high-to-low spread represents a total annual volatility of 0.0522 INR. From a start-to-finish perspective, comparing the January average rate of 0.7799 to the December average rate of 0.7566, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8021 was down 10.70% compared to the 2022 peak of 0.8982, 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 4,011 INR
2022 Average 4,224 INR
Yearly Trough Low 3,750 INR
Transaction Impact: A difference of 260.94 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7824
0.7523
JanuMarcMayJulySeptNove

BDT to INR 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 0.7725, compared to 0.7566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 0.7725
H2 Avg (Jul–Dec) 0.7566

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0367 INR (High: 0.8021 / Low: 0.7655). On the other end, October was the most stable month, with a tight range of 0.0068 INR (High: 0.7583 / Low: 0.7515).

January Spread (Volatile) ±0.0367
October Spread (Stable) ±0.0068

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 May and June, when the average rate fell by 0.0080 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7799) against the same month in 2022 (average: 0.8668), the exchange rate shifted by -0.0869 (-10.03%).

2023 Avg (January) 0.7799
2022 Avg (January) 0.8668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8021 0.7655 0.7799
February 0.7909 0.7601 0.7773
March 0.7890 0.7635 0.7768
April 0.7803 0.7622 0.7722
May 0.7746 0.7582 0.7685
June 0.7680 0.7562 0.7605
July 0.7667 0.7542 0.7582
August 0.7642 0.7539 0.7581
September 0.7599 0.7520 0.7565
October 0.7583 0.7515 0.7554
November 0.7583 0.7500 0.7548
December 0.7594 0.7509 0.7566