YEARLY HIGH
0.4487 MUR
YEARLY LOW
0.3980 MUR
YEARLY AVERAGE
0.4177 MUR

2023 BDT to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.4487. Conversely, the yearly low was recorded on December 28, dropping to 0.3980.

This high-to-low spread represents a total annual volatility of 0.0507 MUR. From a start-to-finish perspective, comparing the January average rate of 0.4211 to the December average rate of 0.4013, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4487 was down 14.75% compared to the 2022 peak of 0.5264, 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 2,244 MUR
2022 Average 2,382 MUR
Yearly Trough Low 1,990 MUR
Transaction Impact: A difference of 253.65 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4426
0.3970
JanuMarcMayJulySeptNove

BDT to MUR 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 0.4270, compared to 0.4085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.4270
H2 Avg (Jul–Dec) 0.4085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0291 MUR (High: 0.4436 / Low: 0.4145). On the other end, October was the most stable month, with a tight range of 0.0034 MUR (High: 0.4041 / Low: 0.4007).

February Spread (Volatile) ±0.0291
October Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0135 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4388) against the same month in 2022 (average: 0.5147), the exchange rate shifted by -0.0759 (-14.75%).

2023 Avg (March) 0.4388
2022 Avg (March) 0.5147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4310 0.4133 0.4211
February 0.4436 0.4145 0.4301
March 0.4487 0.4247 0.4388
April 0.4319 0.4175 0.4253
May 0.4274 0.4183 0.4241
June 0.4293 0.4185 0.4224
July 0.4264 0.4160 0.4204
August 0.4218 0.4114 0.4163
September 0.4237 0.4029 0.4098
October 0.4041 0.4007 0.4023
November 0.4056 0.3983 0.4008
December 0.4069 0.3980 0.4013