2023 BDT to MVR Historical Review

YEARLY HIGH

0.1493 MVR

YEARLY LOW

0.1376 MVR

YEARLY AVERAGE

0.1423 MVR

2023 BDT to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1493. Conversely, the yearly low was recorded on November 13, dropping to 0.1376.

This high-to-low spread represents a total annual volatility of 0.0117 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1468 to the December average rate of 0.1397, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1493 was down 17.54% compared to the 2022 peak of 0.1810, 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 746 MVR

2022 Average 831 MVR

Yearly Trough Low 688 MVR

Transaction Impact: A difference of 58.49 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1476

0.1385

JanuMarcMayJulySeptNove

BDT to MVR 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 0.1444, compared to 0.1403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1444

H2 Avg (Jul–Dec) 0.1403

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0054 MVR (High: 0.1493 / Low: 0.1439). On the other end, December was the most stable month, with a tight range of 0.0011 MVR (High: 0.1403 / Low: 0.1392).

January Spread (Volatile) ±0.0054

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1468) against the same month in 2022 (average: 0.1799), the exchange rate shifted by -0.0331 (-18.38%).

2023 Avg (January) 0.1468

2022 Avg (January) 0.1799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1493	0.1439	0.1468
February	0.1470	0.1417	0.1444
March	0.1469	0.1434	0.1452
April	0.1466	0.1427	0.1447
May	0.1450	0.1418	0.1433
June	0.1431	0.1413	0.1420
July	0.1429	0.1414	0.1418
August	0.1419	0.1398	0.1407
September	0.1411	0.1394	0.1404
October	0.1403	0.1389	0.1397
November	0.1406	0.1376	0.1393
December	0.1403	0.1392	0.1397