2023 BDT to MGA Historical Review

YEARLY HIGH

43.6067 MGA

YEARLY LOW

39.7359 MGA

YEARLY AVERAGE

41.1955 MGA

2023 BDT to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 43.6067. Conversely, the yearly low was recorded on February 5, dropping to 39.7359.

This high-to-low spread represents a total annual volatility of 3.8708 MGA. From a start-to-finish perspective, comparing the January average rate of 41.9845 to the December average rate of 41.6519, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.6067 was down 7.20% compared to the 2022 peak of 46.9885, 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 218,034 MGA

2022 Average 221,942 MGA

Yearly Trough Low 198,680 MGA

Transaction Impact: A difference of 19,354.19 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.1398

40.2760

JanuMarcMayJulySeptNove

BDT to MGA 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 41.1473, compared to 41.2437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0963 points.

H1 Avg (Jan–Jun) 41.1473

H2 Avg (Jul–Dec) 41.2437

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5738 MGA (High: 43.6067 / Low: 40.0329). On the other end, October was the most stable month, with a tight range of 0.3400 MGA (High: 41.2503 / Low: 40.9103).

January Spread (Volatile) ±3.5738

October Spread (Stable) ±0.3400

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 1.5532 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 41.9845) against the same month in 2022 (average: 46.3350), the exchange rate shifted by -4.3505 (-9.39%).

2023 Avg (January) 41.9845

2022 Avg (January) 46.3350

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.6067	40.0329	41.9845
February	41.2112	39.7359	40.4313
March	41.5491	40.0791	40.7116
April	41.6046	40.4513	41.2470
May	41.5186	40.6473	41.0905
June	41.9914	40.8756	41.4192
July	42.1231	40.7636	41.5163
August	41.4751	40.6377	41.1971
September	41.3728	40.7651	41.0781
October	41.2503	40.9103	41.0988
November	41.1793	40.5040	40.9199
December	41.9875	40.8051	41.6519