2023 BDT to MNT Historical Review

YEARLY HIGH

33.5920 MNT

YEARLY LOW

31.1261 MNT

YEARLY AVERAGE

32.0563 MNT

2023 BDT to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 33.5920. Conversely, the yearly low was recorded on November 13, dropping to 31.1261.

This high-to-low spread represents a total annual volatility of 2.4659 MNT. From a start-to-finish perspective, comparing the January average rate of 32.5128 to the December average rate of 31.3586, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.5920 was down 6.00% compared to the 2022 peak of 35.7355, 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 167,960 MNT

2022 Average 167,583 MNT

Yearly Trough Low 155,630 MNT

Transaction Impact: A difference of 12,329.43 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.3450

31.0842

JanuMarcMayJulySeptNove

BDT to MNT 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 32.5586, compared to 31.5541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0046 points.

H1 Avg (Jan–Jun) 32.5586

H2 Avg (Jul–Dec) 31.5541

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.2016 MNT (High: 32.8824 / Low: 31.6809). On the other end, October was the most stable month, with a tight range of 0.2084 MNT (High: 31.4330 / Low: 31.2246).

March Spread (Volatile) ±1.2016

October Spread (Stable) ±0.2084

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 July and August, when the average rate fell by 0.8067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 33.1566) against the same month in 2022 (average: 34.4751), the exchange rate shifted by -1.3185 (-3.82%).

2023 Avg (April) 33.1566

2022 Avg (April) 34.4751

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.0263	31.9168	32.5128
February	32.6082	31.4446	32.0482
March	32.8824	31.6809	32.2151
April	33.5920	32.7200	33.1566
May	33.2164	32.4956	32.8521
June	32.8162	32.4527	32.5668
July	32.7398	31.7726	32.3797
August	31.8899	31.4012	31.5730
September	31.5765	31.2246	31.4258
October	31.4330	31.2246	31.3147
November	31.4075	31.1261	31.2726
December	31.4601	31.1958	31.3586