YEARLY HIGH
0.0435 MYR
YEARLY LOW
0.0393 MYR
YEARLY AVERAGE
0.0422 MYR

2023 BDT to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 0.0435. Conversely, the yearly low was recorded on February 5, dropping to 0.0393.

This high-to-low spread represents a total annual volatility of 0.0042 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0413 to the December average rate of 0.0423, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0435 was down 14.28% compared to the 2022 peak of 0.0507, 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 217 MYR
2022 Average 236 MYR
Yearly Trough Low 196 MYR
Transaction Impact: A difference of 20.99 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0433
0.0409
JanuMarcMayJulySeptNove

BDT to MYR 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 0.0419, compared to 0.0425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0419
H2 Avg (Jul–Dec) 0.0425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0037 MYR (High: 0.0430 / Low: 0.0393). On the other end, September was the most stable month, with a tight range of 0.0006 MYR (High: 0.0429 / Low: 0.0423).

February Spread (Volatile) ±0.0037
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0428) against the same month in 2022 (average: 0.0476), the exchange rate shifted by -0.0048 (-10.06%).

2023 Avg (June) 0.0428
2022 Avg (June) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0427 0.0399 0.0413
February 0.0430 0.0393 0.0411
March 0.0431 0.0410 0.0422
April 0.0426 0.0409 0.0417
May 0.0432 0.0411 0.0422
June 0.0435 0.0425 0.0428
July 0.0434 0.0416 0.0424
August 0.0426 0.0415 0.0422
September 0.0429 0.0423 0.0426
October 0.0434 0.0425 0.0431
November 0.0433 0.0420 0.0425
December 0.0428 0.0418 0.0423