2023 BDT to NPR Historical Review

YEARLY HIGH

1.2832 NPR

YEARLY LOW

1.2005 NPR

YEARLY AVERAGE

1.2230 NPR

2023 BDT to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.2832. Conversely, the yearly low was recorded on November 15, dropping to 1.2005.

This high-to-low spread represents a total annual volatility of 0.0826 NPR. From a start-to-finish perspective, comparing the January average rate of 1.2494 to the December average rate of 1.2117, the exchange rate registered a net change of -3.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2832 was down 10.36% compared to the 2022 peak of 1.4315, 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 6,416 NPR

2022 Average 6,756 NPR

Yearly Trough Low 6,003 NPR

Transaction Impact: A difference of 413.23 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2537

1.2023

JanuMarcMayJulySeptNove

BDT to NPR 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 1.2359, compared to 1.2100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 1.2359

H2 Avg (Jul–Dec) 1.2100

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0575 NPR (High: 1.2832 / Low: 1.2257). On the other end, October was the most stable month, with a tight range of 0.0034 NPR (High: 1.2085 / Low: 1.2051).

January Spread (Volatile) ±0.0575

October Spread (Stable) ±0.0034

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 May and June, when the average rate fell by 0.0121 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.2494) against the same month in 2022 (average: 1.3862), the exchange rate shifted by -0.1368 (-9.87%).

2023 Avg (January) 1.2494

2022 Avg (January) 1.3862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2832	1.2257	1.2494
February	1.2656	1.2196	1.2431
March	1.2636	1.2214	1.2424
April	1.2504	1.2188	1.2346
May	1.2352	1.2134	1.2290
June	1.2331	1.2101	1.2170
July	1.2219	1.2061	1.2118
August	1.2189	1.2073	1.2125
September	1.2135	1.2034	1.2098
October	1.2085	1.2051	1.2076
November	1.2140	1.2005	1.2066
December	1.2154	1.2073	1.2117