2023 BDT to QAR Historical Review

YEARLY HIGH

0.0353 QAR

YEARLY LOW

0.0329 QAR

YEARLY AVERAGE

0.0337 QAR

2023 BDT to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0353. Conversely, the yearly low was recorded on November 15, dropping to 0.0329.

This high-to-low spread represents a total annual volatility of 0.0025 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0348 to the December average rate of 0.0331, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0353 was down 17.20% compared to the 2022 peak of 0.0427, 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 177 QAR

2022 Average 196 QAR

Yearly Trough Low 164 QAR

Transaction Impact: A difference of 12.31 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0350

0.0328

JanuMarcMayJulySeptNove

BDT to QAR 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 0.0343, compared to 0.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0343

H2 Avg (Jul–Dec) 0.0332

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 QAR (High: 0.0349 / Low: 0.0339). On the other end, October was the most stable month, with a tight range of 0.0002 QAR (High: 0.0332 / Low: 0.0330).

March Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0348) against the same month in 2022 (average: 0.0424), the exchange rate shifted by -0.0076 (-17.97%).

2023 Avg (January) 0.0348

2022 Avg (January) 0.0424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0353	0.0343	0.0348
February	0.0349	0.0339	0.0343
March	0.0349	0.0339	0.0344
April	0.0349	0.0339	0.0343
May	0.0344	0.0336	0.0340
June	0.0341	0.0336	0.0337
July	0.0339	0.0334	0.0336
August	0.0337	0.0333	0.0333
September	0.0334	0.0330	0.0332
October	0.0332	0.0330	0.0331
November	0.0331	0.0329	0.0330
December	0.0332	0.0329	0.0331