YEARLY HIGH
0.3535 NIO
YEARLY LOW
0.3301 NIO
YEARLY AVERAGE
0.3385 NIO

2023 BDT to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3535. Conversely, the yearly low was recorded on November 17, dropping to 0.3301.

This high-to-low spread represents a total annual volatility of 0.0234 NIO. From a start-to-finish perspective, comparing the January average rate of 0.3481 to the December average rate of 0.3333, the exchange rate registered a net change of -4.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3535 was down 18.60% compared to the 2022 peak of 0.4343, 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 1,768 NIO
2022 Average 1,931 NIO
Yearly Trough Low 1,651 NIO
Transaction Impact: A difference of 116.91 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3498
0.3301
JanuMarcMayJulySeptNove

BDT to NIO 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 0.3433, compared to 0.3337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.3433
H2 Avg (Jul–Dec) 0.3337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0124 NIO (High: 0.3497 / Low: 0.3372). On the other end, October was the most stable month, with a tight range of 0.0010 NIO (High: 0.3327 / Low: 0.3317).

February Spread (Volatile) ±0.0124
October Spread (Stable) ±0.0010

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 0.0049 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3481) against the same month in 2022 (average: 0.4125), the exchange rate shifted by -0.0644 (-15.61%).

2023 Avg (January) 0.3481
2022 Avg (January) 0.4125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3535 0.3423 0.3481
February 0.3497 0.3372 0.3433
March 0.3487 0.3396 0.3448
April 0.3473 0.3400 0.3441
May 0.3447 0.3377 0.3412
June 0.3410 0.3371 0.3383
July 0.3392 0.3359 0.3370
August 0.3383 0.3340 0.3348
September 0.3349 0.3314 0.3332
October 0.3327 0.3317 0.3320
November 0.3341 0.3301 0.3317
December 0.3352 0.3319 0.3333