2023 BDT to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BDT to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BDT to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 71.4034. Conversely, the yearly low was recorded on May 9, dropping to 66.0409.
This high-to-low spread represents a total annual volatility of 5.3624 PYG. From a start-to-finish perspective, comparing the January average rate of 70.3905 to the December average rate of 66.8841, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 71.4034 was down 13.40% compared to the 2022 peak of 82.4492, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BDT to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 68.1244, compared to 66.8362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2882 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 3.0148 PYG (High: 69.7108 / Low: 66.6960). On the other end, July was the most stable month, with a tight range of 0.4793 PYG (High: 67.1711 / Low: 66.6918).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.7084 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 70.3905) against the same month in 2022 (average: 81.0876), the exchange rate shifted by -10.6972 (-13.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.4034 | 69.1738 | 70.3905 |
| February | 69.7344 | 67.8948 | 68.6820 |
| March | 69.7108 | 66.6960 | 67.8966 |
| April | 68.4803 | 66.6610 | 67.4505 |
| May | 68.2596 | 66.0409 | 67.2294 |
| June | 67.8010 | 66.7473 | 67.0972 |
| July | 67.1711 | 66.6918 | 66.9955 |
| August | 67.3749 | 66.2923 | 66.5521 |
| September | 66.6162 | 66.0978 | 66.2687 |
| October | 67.7922 | 66.0902 | 66.9058 |
| November | 67.9882 | 67.0824 | 67.4108 |
| December | 67.4886 | 66.2081 | 66.8841 |