YEARLY HIGH
0.0802 SBD
YEARLY LOW
0.0757 SBD
YEARLY AVERAGE
0.0773 SBD

2023 BDT to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0802. Conversely, the yearly low was recorded on February 5, dropping to 0.0757.

This high-to-low spread represents a total annual volatility of 0.0046 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0789 to the December average rate of 0.0769, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0802 was down 15.25% compared to the 2022 peak of 0.0947, 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 401 SBD
2022 Average 438 SBD
Yearly Trough Low 378 SBD
Transaction Impact: A difference of 22.96 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0791
0.0762
JanuMarcMayJulySeptNove

BDT to SBD 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 0.0778, compared to 0.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0778
H2 Avg (Jul–Dec) 0.0767

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0033 SBD (High: 0.0802 / Low: 0.0770). On the other end, December was the most stable month, with a tight range of 0.0008 SBD (High: 0.0772 / Low: 0.0764).

January Spread (Volatile) ±0.0033
December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and April, 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 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0789) against the same month in 2022 (average: 0.0940), the exchange rate shifted by -0.0151 (-16.11%).

2023 Avg (January) 0.0789
2022 Avg (January) 0.0940

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0802 0.0770 0.0789
February 0.0788 0.0757 0.0775
March 0.0788 0.0766 0.0777
April 0.0796 0.0769 0.0781
May 0.0785 0.0770 0.0777
June 0.0777 0.0769 0.0771
July 0.0782 0.0768 0.0772
August 0.0774 0.0762 0.0766
September 0.0770 0.0758 0.0765
October 0.0772 0.0759 0.0765
November 0.0773 0.0758 0.0765
December 0.0772 0.0764 0.0769