2023 BDT to MZN Historical Review

YEARLY HIGH

0.6189 MZN

YEARLY LOW

0.5762 MZN

YEARLY AVERAGE

0.5915 MZN

2023 BDT to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6189. Conversely, the yearly low was recorded on November 16, dropping to 0.5762.

This high-to-low spread represents a total annual volatility of 0.0428 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6097 to the December average rate of 0.5806, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6189 was down 17.25% compared to the 2022 peak of 0.7479, 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 3,095 MZN

2022 Average 3,440 MZN

Yearly Trough Low 2,881 MZN

Transaction Impact: A difference of 213.95 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6127

0.5759

JanuMarcMayJulySeptNove

BDT to MZN 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 0.6006, compared to 0.5823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.6006

H2 Avg (Jul–Dec) 0.5823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0223 MZN (High: 0.6121 / Low: 0.5898). On the other end, December was the most stable month, with a tight range of 0.0049 MZN (High: 0.5825 / Low: 0.5776).

February Spread (Volatile) ±0.0223

December Spread (Stable) ±0.0049

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 0.0085 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6097) against the same month in 2022 (average: 0.7433), the exchange rate shifted by -0.1337 (-17.98%).

2023 Avg (January) 0.6097

2022 Avg (January) 0.7433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6189	0.5982	0.6097
February	0.6121	0.5898	0.6011
March	0.6117	0.5942	0.6034
April	0.6095	0.5938	0.6018
May	0.6032	0.5887	0.5963
June	0.5959	0.5890	0.5913
July	0.5943	0.5831	0.5884
August	0.5904	0.5810	0.5844
September	0.5846	0.5781	0.5820
October	0.5822	0.5765	0.5797
November	0.5817	0.5762	0.5790
December	0.5825	0.5776	0.5806