2023 BDT to PHP Historical Review

YEARLY HIGH

0.5411 PHP

YEARLY LOW

0.4953 PHP

YEARLY AVERAGE

0.5149 PHP

2023 BDT to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5411. Conversely, the yearly low was recorded on February 5, dropping to 0.4953.

This high-to-low spread represents a total annual volatility of 0.0458 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5243 to the December average rate of 0.5046, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5411 was down 11.92% compared to the 2022 peak of 0.6143, 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 2,706 PHP

2022 Average 2,927 PHP

Yearly Trough Low 2,476 PHP

Transaction Impact: A difference of 229.11 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5262

0.5027

JanuMarcMayJulySeptNove

BDT to PHP 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 0.5192, compared to 0.5107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.5192

H2 Avg (Jul–Dec) 0.5107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0355 PHP (High: 0.5308 / Low: 0.4953). On the other end, October was the most stable month, with a tight range of 0.0049 PHP (High: 0.5181 / Low: 0.5132).

February Spread (Volatile) ±0.0355

October Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0103 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5243) against the same month in 2022 (average: 0.5963), the exchange rate shifted by -0.0720 (-12.08%).

2023 Avg (January) 0.5243

2022 Avg (January) 0.5963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5411	0.5124	0.5243
February	0.5308	0.4953	0.5160
March	0.5264	0.5049	0.5170
April	0.5302	0.5071	0.5206
May	0.5257	0.5150	0.5206
June	0.5230	0.5096	0.5165
July	0.5152	0.4999	0.5065
August	0.5196	0.5046	0.5153
September	0.5198	0.5127	0.5173
October	0.5181	0.5132	0.5154
November	0.5143	0.4984	0.5051
December	0.5083	0.5019	0.5046