YEARLY HIGH
0.0157 NZD
YEARLY LOW
0.0143 NZD
YEARLY AVERAGE
0.0151 NZD

2023 BDT to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0157. Conversely, the yearly low was recorded on December 28, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0013 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0146, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0157 was down 15.23% compared to the 2022 peak of 0.0185, 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 78 NZD
2022 Average 85 NZD
Yearly Trough Low 72 NZD
Transaction Impact: A difference of 6.73 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0155
0.0145
JanuMarcMayJulySeptNove

BDT to NZD 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 0.0151, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0151
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0011 NZD (High: 0.0155 / Low: 0.0144). On the other end, September was the most stable month, with a tight range of 0.0004 NZD (High: 0.0155 / Low: 0.0151).

February Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0004

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 November and December, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0154) against the same month in 2022 (average: 0.0172), the exchange rate shifted by -0.0018 (-10.38%).

2023 Avg (October) 0.0154
2022 Avg (October) 0.0172

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0155 0.0144 0.0149
February 0.0155 0.0144 0.0150
March 0.0156 0.0149 0.0152
April 0.0155 0.0147 0.0152
May 0.0155 0.0146 0.0150
June 0.0154 0.0148 0.0151
July 0.0152 0.0144 0.0148
August 0.0155 0.0150 0.0153
September 0.0155 0.0151 0.0154
October 0.0157 0.0150 0.0154
November 0.0155 0.0147 0.0151
December 0.0148 0.0143 0.0146