2023 BDT to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BDT to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BDT to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 145.8173. Conversely, the yearly low was recorded on February 3, dropping to 14.0537.
This high-to-low spread represents a total annual volatility of 131.7636 LBP. From a start-to-finish perspective, comparing the January average rate of 14.4663 to the December average rate of 136.7990, the exchange rate registered a net change of 845.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 145.8173 was up 718.15% compared to the 2022 peak of 17.8228, 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 LBP 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 116.5594, compared to 137.1764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.6170 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 131.7636 LBP (High: 145.8173 / Low: 14.0537). On the other end, January was the most stable month, with a tight range of 0.5979 LBP (High: 14.7622 / Low: 14.1643).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4013 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 119.4776) against the same month in 2022 (average: 17.6128), the exchange rate shifted by +101.8648 (+578.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7622 | 14.1643 | 14.4663 |
| February | 145.8173 | 14.0537 | 119.4776 |
| March | 144.8764 | 139.8780 | 142.3946 |
| April | 145.1383 | 140.5080 | 142.2343 |
| May | 143.4392 | 139.0728 | 140.8330 |
| June | 141.1497 | 138.3233 | 139.9508 |
| July | 141.4050 | 137.9228 | 138.9772 |
| August | 140.0849 | 137.1277 | 137.8159 |
| September | 138.3667 | 136.2019 | 137.1201 |
| October | 136.8841 | 135.8899 | 136.3340 |
| November | 136.4583 | 135.3287 | 136.0125 |
| December | 137.2736 | 136.3307 | 136.7990 |