2023 BDT to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BDT to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BDT to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 188.5685. Conversely, the yearly low was recorded on February 2, dropping to 156.8180.
This high-to-low spread represents a total annual volatility of 31.7505 LAK. From a start-to-finish perspective, comparing the January average rate of 162.1404 to the December average rate of 187.7388, the exchange rate registered a net change of 15.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 188.5685 was up 5.24% compared to the 2022 peak of 179.1792, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BDT to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 162.6278, compared to 182.9871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.3593 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 10.2321 LAK (High: 175.5302 / Low: 165.2981). On the other end, November was the most stable month, with a tight range of 1.5427 LAK (High: 188.3713 / Low: 186.8286).
Growth Streaks & Declines
TrendsBetween February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.4074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 187.7388) against the same month in 2022 (average: 166.9423), the exchange rate shifted by +20.7966 (+12.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 167.7598 | 157.7809 | 162.1404 |
| February | 161.7158 | 156.8180 | 158.7330 |
| March | 161.8290 | 157.1105 | 159.4017 |
| April | 163.3574 | 158.3535 | 161.5392 |
| May | 165.6581 | 161.1155 | 163.8538 |
| June | 175.5302 | 165.2981 | 170.0985 |
| July | 178.2685 | 173.3588 | 176.2518 |
| August | 179.8221 | 175.2610 | 177.9279 |
| September | 184.9332 | 179.3006 | 181.4943 |
| October | 188.0941 | 184.7011 | 186.9610 |
| November | 188.3713 | 186.8286 | 187.5486 |
| December | 188.5685 | 186.2841 | 187.7388 |