2023 BDT to LKR Historical Review

YEARLY HIGH

3.5627 LKR

YEARLY LOW

2.6992 LKR

YEARLY AVERAGE

3.0446 LKR

2023 BDT to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.5627. Conversely, the yearly low was recorded on June 8, dropping to 2.6992.

This high-to-low spread represents a total annual volatility of 0.8635 LKR. From a start-to-finish perspective, comparing the January average rate of 3.4901 to the December average rate of 2.9699, the exchange rate registered a net change of -14.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.5627 was down 14.58% compared to the 2022 peak of 4.1710, 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 17,814 LKR

2022 Average 17,292 LKR

Yearly Trough Low 13,496 LKR

Transaction Impact: A difference of 4,317.55 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.5590

2.7319

JanuMarcMayJulySeptNove

BDT to LKR 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 3.1350, compared to 2.9541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1808 points.

H1 Avg (Jan–Jun) 3.1350

H2 Avg (Jul–Dec) 2.9541

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.4453 LKR (High: 3.4632 / Low: 3.0179). On the other end, December was the most stable month, with a tight range of 0.0338 LKR (High: 2.9834 / Low: 2.9496).

March Spread (Volatile) ±0.4453

December Spread (Stable) ±0.0338

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.2753 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2753

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3.4901) against the same month in 2022 (average: 2.3581), the exchange rate shifted by +1.1320 (+48.01%).

2023 Avg (January) 3.4901

2022 Avg (January) 2.3581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.5627	3.4146	3.4901
February	3.4916	3.4001	3.4340
March	3.4632	3.0179	3.1586
April	3.0841	3.0005	3.0334
May	3.0184	2.7421	2.8929
June	2.9515	2.6992	2.8008
July	3.0598	2.8242	2.9459
August	2.9702	2.8778	2.9446
September	2.9683	2.9104	2.9439
October	2.9777	2.9366	2.9496
November	2.9889	2.9527	2.9710
December	2.9834	2.9496	2.9699