YEARLY HIGH
0.1355 SCR
YEARLY LOW
0.1156 SCR
YEARLY AVERAGE
0.1245 SCR

2023 BDT to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1355. Conversely, the yearly low was recorded on October 26, dropping to 0.1156.

This high-to-low spread represents a total annual volatility of 0.0200 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1292 to the December average rate of 0.1221, the exchange rate registered a net change of -5.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1355 was down 22.35% compared to the 2022 peak of 0.1745, 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 678 SCR
2022 Average 731 SCR
Yearly Trough Low 578 SCR
Transaction Impact: A difference of 99.85 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1302
0.1187
JanuMarcMayJulySeptNove

BDT to SCR 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 0.1274, compared to 0.1216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1274
H2 Avg (Jul–Dec) 0.1216

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0143 SCR (High: 0.1355 / Low: 0.1213). On the other end, August was the most stable month, with a tight range of 0.0043 SCR (High: 0.1248 / Low: 0.1205).

January Spread (Volatile) ±0.0143
August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1292) against the same month in 2022 (average: 0.1604), the exchange rate shifted by -0.0311 (-19.41%).

2023 Avg (January) 0.1292
2022 Avg (January) 0.1604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1355 0.1213 0.1292
February 0.1353 0.1216 0.1275
March 0.1336 0.1213 0.1272
April 0.1329 0.1216 0.1273
May 0.1313 0.1223 0.1261
June 0.1308 0.1213 0.1269
July 0.1313 0.1199 0.1233
August 0.1248 0.1205 0.1224
September 0.1241 0.1159 0.1197
October 0.1251 0.1156 0.1210
November 0.1246 0.1182 0.1211
December 0.1271 0.1172 0.1221