2023 BDT to NOK Historical Review

YEARLY HIGH

0.1043 NOK

YEARLY LOW

0.0915 NOK

YEARLY AVERAGE

0.0978 NOK

2023 BDT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.1043. Conversely, the yearly low was recorded on July 13, dropping to 0.0915.

This high-to-low spread represents a total annual volatility of 0.0128 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0947 to the December average rate of 0.0956, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1043 was down 8.42% compared to the 2022 peak of 0.1138, 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 521 NOK

2022 Average 516 NOK

Yearly Trough Low 457 NOK

Transaction Impact: A difference of 63.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1016

0.0941

JanuMarcMayJulySeptNove

BDT to NOK 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 0.0984, compared to 0.0971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0984

H2 Avg (Jul–Dec) 0.0971

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0085 NOK (High: 0.1000 / Low: 0.0915). On the other end, September was the most stable month, with a tight range of 0.0019 NOK (High: 0.0986 / Low: 0.0966).

July Spread (Volatile) ±0.0085

September Spread (Stable) ±0.0019

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: 0.1009) against the same month in 2022 (average: 0.1100), the exchange rate shifted by -0.0090 (-8.20%).

2023 Avg (May) 0.1009

2022 Avg (May) 0.1100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0989	0.0925	0.0947
February	0.0994	0.0932	0.0964
March	0.1019	0.0964	0.0995
April	0.1019	0.0969	0.0990
May	0.1043	0.0976	0.1009
June	0.1031	0.0969	0.0999
July	0.1000	0.0915	0.0949
August	0.0982	0.0928	0.0959
September	0.0986	0.0966	0.0977
October	0.1016	0.0970	0.0999
November	0.1018	0.0963	0.0988
December	0.0997	0.0921	0.0956