YEARLY HIGH
0.1856 MDL
YEARLY LOW
0.1568 MDL
YEARLY AVERAGE
0.1677 MDL

2023 BDT to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1856. Conversely, the yearly low was recorded on December 28, dropping to 0.1568.

This high-to-low spread represents a total annual volatility of 0.0288 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1812 to the December average rate of 0.1600, the exchange rate registered a net change of -11.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1856 was down 15.22% compared to the 2022 peak of 0.2190, 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 928 MDL
2022 Average 1,015 MDL
Yearly Trough Low 784 MDL
Transaction Impact: A difference of 143.97 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1834
0.1579
JanuMarcMayJulySeptNove

BDT to MDL 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 0.1725, compared to 0.1628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.1725
H2 Avg (Jul–Dec) 0.1628

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0102 MDL (High: 0.1695 / Low: 0.1593). On the other end, October was the most stable month, with a tight range of 0.0022 MDL (High: 0.1654 / Low: 0.1632).

July Spread (Volatile) ±0.0102
October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1812) against the same month in 2022 (average: 0.2086), the exchange rate shifted by -0.0274 (-13.13%).

2023 Avg (January) 0.1812
2022 Avg (January) 0.2086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1856 0.1755 0.1812
February 0.1810 0.1729 0.1766
March 0.1807 0.1710 0.1758
April 0.1737 0.1673 0.1700
May 0.1693 0.1633 0.1659
June 0.1692 0.1638 0.1656
July 0.1695 0.1593 0.1651
August 0.1635 0.1599 0.1618
September 0.1658 0.1616 0.1637
October 0.1654 0.1632 0.1646
November 0.1644 0.1599 0.1618
December 0.1630 0.1568 0.1600