YEARLY HIGH
0.1840 NAD
YEARLY LOW
0.1577 NAD
YEARLY AVERAGE
0.1712 NAD

2023 BDT to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.1840. Conversely, the yearly low was recorded on February 4, dropping to 0.1577.

This high-to-low spread represents a total annual volatility of 0.0262 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1630 to the December average rate of 0.1698, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1840 was down 2.47% compared to the 2022 peak of 0.1886, 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 920 NAD
2022 Average 875 NAD
Yearly Trough Low 789 NAD
Transaction Impact: A difference of 131.09 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1797
0.1615
JanuMarcMayJulySeptNove

BDT to NAD 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 0.1711, compared to 0.1714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1711
H2 Avg (Jul–Dec) 0.1714

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0186 NAD (High: 0.1763 / Low: 0.1577). On the other end, September was the most stable month, with a tight range of 0.0051 NAD (High: 0.1753 / Low: 0.1701).

February Spread (Volatile) ±0.0186
September Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1782) against the same month in 2022 (average: 0.1825), the exchange rate shifted by -0.0043 (-2.36%).

2023 Avg (May) 0.1782
2022 Avg (May) 0.1825

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1665 0.1598 0.1630
February 0.1763 0.1577 0.1682
March 0.1767 0.1671 0.1727
April 0.1748 0.1657 0.1713
May 0.1840 0.1716 0.1782
June 0.1839 0.1679 0.1734
July 0.1749 0.1625 0.1683
August 0.1811 0.1668 0.1725
September 0.1753 0.1701 0.1728
October 0.1836 0.1702 0.1748
November 0.1806 0.1642 0.1700
December 0.1736 0.1653 0.1698