2023 BDT to ISK Historical Review

YEARLY HIGH

1.3958 ISK

YEARLY LOW

1.1925 ISK

YEARLY AVERAGE

1.2773 ISK

2023 BDT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.3958. Conversely, the yearly low was recorded on August 30, dropping to 1.1925.

This high-to-low spread represents a total annual volatility of 0.2033 ISK. From a start-to-finish perspective, comparing the January average rate of 1.3637 to the December average rate of 1.2530, the exchange rate registered a net change of -8.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3958 was down 10.86% compared to the 2022 peak of 1.5659, 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 6,979 ISK

2022 Average 7,264 ISK

Yearly Trough Low 5,963 ISK

Transaction Impact: A difference of 1,016.34 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3794

1.1908

JanuMarcMayJulySeptNove

BDT to ISK 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 1.3143, compared to 1.2404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 1.3143

H2 Avg (Jul–Dec) 1.2404

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0934 ISK (High: 1.3596 / Low: 1.2662). On the other end, October was the most stable month, with a tight range of 0.0216 ISK (High: 1.2689 / Low: 1.2474).

March Spread (Volatile) ±0.0934

October Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0517 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.3637) against the same month in 2022 (average: 1.5017), the exchange rate shifted by -0.1380 (-9.19%).

2023 Avg (January) 1.3637

2022 Avg (January) 1.5017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3958	1.3223	1.3637
February	1.3781	1.3089	1.3459
March	1.3596	1.2662	1.3217
April	1.3059	1.2662	1.2861
May	1.3118	1.2675	1.2926
June	1.3132	1.2437	1.2759
July	1.2683	1.2002	1.2241
August	1.2181	1.1925	1.2065
September	1.2494	1.2074	1.2326
October	1.2689	1.2474	1.2580
November	1.2975	1.2431	1.2679
December	1.2722	1.2298	1.2530