2023 BDT to IQD Historical Review

YEARLY HIGH

14.1528 IQD

YEARLY LOW

11.8195 IQD

YEARLY AVERAGE

12.5978 IQD

2023 BDT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 14.1528. Conversely, the yearly low was recorded on November 13, dropping to 11.8195.

This high-to-low spread represents a total annual volatility of 2.3333 IQD. From a start-to-finish perspective, comparing the January average rate of 13.9299 to the December average rate of 11.9133, the exchange rate registered a net change of -14.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.1528 was down 16.89% compared to the 2022 peak of 17.0287, 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 70,764 IQD

2022 Average 78,626 IQD

Yearly Trough Low 59,097 IQD

Transaction Impact: A difference of 11,666.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1375

11.6466

JanuMarcMayJulySeptNove

BDT to IQD 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 13.2563, compared to 11.9393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3170 points.

H1 Avg (Jan–Jun) 13.2563

H2 Avg (Jul–Dec) 11.9393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.6898 IQD (High: 13.7878 / Low: 12.0980). On the other end, October was the most stable month, with a tight range of 0.0310 IQD (High: 11.8977 / Low: 11.8667).

May Spread (Volatile) ±1.6898

October Spread (Stable) ±0.0310

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 April and May, when the average rate fell by 1.3533 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.3533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.9299) against the same month in 2022 (average: 16.9900), the exchange rate shifted by -3.0601 (-18.01%).

2023 Avg (January) 13.9299

2022 Avg (January) 16.9900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1528	13.6723	13.9299
February	13.9660	13.5957	13.7314
March	13.9742	13.5856	13.7682
April	13.9465	12.4205	13.6707
May	13.7878	12.0980	12.3174
June	12.2461	12.0342	12.1202
July	12.1582	12.0341	12.0715
August	12.0686	11.9615	11.9856
September	11.9873	11.8690	11.9284
October	11.8977	11.8667	11.8828
November	11.8902	11.8195	11.8542
December	11.9388	11.8758	11.9133