2023 BDT to MXN Historical Review

YEARLY HIGH

0.1890 MXN

YEARLY LOW

0.1531 MXN

YEARLY AVERAGE

0.1643 MXN

2023 BDT to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1890. Conversely, the yearly low was recorded on August 27, dropping to 0.1531.

This high-to-low spread represents a total annual volatility of 0.0359 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1810 to the December average rate of 0.1560, the exchange rate registered a net change of -13.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1890 was down 24.07% compared to the 2022 peak of 0.2489, 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 945 MXN

2022 Average 1,084 MXN

Yearly Trough Low 765 MXN

Transaction Impact: A difference of 179.59 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1835

0.1529

JanuMarcMayJulySeptNove

BDT to MXN 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 0.1709, compared to 0.1578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.1709

H2 Avg (Jul–Dec) 0.1578

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0127 MXN (High: 0.1890 / Low: 0.1763). On the other end, April was the most stable month, with a tight range of 0.0048 MXN (High: 0.1727 / Low: 0.1679).

January Spread (Volatile) ±0.0127

April Spread (Stable) ±0.0048

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 October and November, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1810) against the same month in 2022 (average: 0.2387), the exchange rate shifted by -0.0577 (-24.17%).

2023 Avg (January) 0.1810

2022 Avg (January) 0.2387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1890	0.1763	0.1810
February	0.1797	0.1715	0.1749
March	0.1800	0.1678	0.1739
April	0.1727	0.1679	0.1702
May	0.1697	0.1617	0.1655
June	0.1637	0.1577	0.1596
July	0.1593	0.1538	0.1561
August	0.1591	0.1531	0.1555
September	0.1604	0.1555	0.1576
October	0.1664	0.1576	0.1642
November	0.1614	0.1546	0.1575
December	0.1587	0.1538	0.1560