YEARLY HIGH
0.0069 JOD
YEARLY LOW
0.0064 JOD
YEARLY AVERAGE
0.0066 JOD

2023 BDT to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0069. Conversely, the yearly low was recorded on November 13, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0064, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0069 was down 17.24% compared to the 2022 peak of 0.0083, 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 34 JOD
2022 Average 38 JOD
Yearly Trough Low 32 JOD
Transaction Impact: A difference of 2.38 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0068
0.0064
JanuMarcMayJulySeptNove

BDT to JOD 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 0.0067, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 JOD (High: 0.0068 / Low: 0.0065). On the other end, October was the most stable month, with a tight range of 0.0000 JOD (High: 0.0065 / Low: 0.0064).

February Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0068) against the same month in 2022 (average: 0.0083), the exchange rate shifted by -0.0015 (-17.99%).

2023 Avg (January) 0.0068
2022 Avg (January) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0069 0.0066 0.0068
February 0.0068 0.0065 0.0067
March 0.0068 0.0066 0.0067
April 0.0068 0.0066 0.0067
May 0.0067 0.0066 0.0066
June 0.0066 0.0065 0.0066
July 0.0066 0.0065 0.0065
August 0.0065 0.0064 0.0065
September 0.0065 0.0064 0.0065
October 0.0065 0.0064 0.0064
November 0.0065 0.0064 0.0064
December 0.0065 0.0064 0.0064