2023 BDT to PKR Historical Review

YEARLY HIGH

2.8038 PKR

YEARLY LOW

2.1296 PKR

YEARLY AVERAGE

2.5863 PKR

2023 BDT to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 2.8038. Conversely, the yearly low was recorded on January 2, dropping to 2.1296.

This high-to-low spread represents a total annual volatility of 0.6742 PKR. From a start-to-finish perspective, comparing the January average rate of 2.2299 to the December average rate of 2.5635, the exchange rate registered a net change of 14.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8038 was up 10.12% compared to the 2022 peak of 2.5462, 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 14,019 PKR

2022 Average 10,950 PKR

Yearly Trough Low 10,648 PKR

Transaction Impact: A difference of 3,371.11 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7602

2.1817

JanuMarcMayJulySeptNove

BDT to PKR 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 2.5609, compared to 2.6117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0508 points.

H1 Avg (Jan–Jun) 2.5609

H2 Avg (Jul–Dec) 2.6117

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3808 PKR (High: 2.5104 / Low: 2.1296). On the other end, June was the most stable month, with a tight range of 0.0425 PKR (High: 2.6719 / Low: 2.6294).

January Spread (Volatile) ±0.3808

June Spread (Stable) ±0.0425

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.1760 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.7120) against the same month in 2022 (average: 2.3534), the exchange rate shifted by +0.3586 (+15.24%).

2023 Avg (September) 2.7120

2022 Avg (September) 2.3534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5104	2.1296	2.2299
February	2.5931	2.3120	2.4972
March	2.6980	2.5090	2.6461
April	2.7219	2.6361	2.6726
May	2.7541	2.6312	2.6672
June	2.6719	2.6294	2.6523
July	2.6520	2.5158	2.5978
August	2.7869	2.5942	2.6857
September	2.8038	2.6071	2.7120
October	2.6160	2.4987	2.5359
November	2.6038	2.5344	2.5751
December	2.5868	2.5349	2.5635