YEARLY HIGH
0.1031 SEK
YEARLY LOW
0.0905 SEK
YEARLY AVERAGE
0.0983 SEK

2023 BDT to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1031. Conversely, the yearly low was recorded on December 28, dropping to 0.0905.

This high-to-low spread represents a total annual volatility of 0.0125 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0992 to the December average rate of 0.0931, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1031 was down 12.03% compared to the 2022 peak of 0.1171, 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 515 SEK
2022 Average 543 SEK
Yearly Trough Low 453 SEK
Transaction Impact: A difference of 62.69 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1018
0.0923
JanuMarcMayJulySeptNove

BDT to SEK 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 0.0986, compared to 0.0979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0986
H2 Avg (Jul–Dec) 0.0979

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0076 SEK (High: 0.1013 / Low: 0.0936). On the other end, September was the most stable month, with a tight range of 0.0031 SEK (High: 0.1020 / Low: 0.0988).

November Spread (Volatile) ±0.0076
September Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0992) against the same month in 2022 (average: 0.1066), the exchange rate shifted by -0.0074 (-6.94%).

2023 Avg (January) 0.0992
2022 Avg (January) 0.1066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1031 0.0957 0.0992
February 0.1002 0.0967 0.0984
March 0.1021 0.0963 0.0993
April 0.0996 0.0958 0.0975
May 0.1013 0.0941 0.0978
June 0.1011 0.0979 0.0996
July 0.1010 0.0937 0.0971
August 0.1012 0.0969 0.0992
September 0.1020 0.0988 0.1010
October 0.1021 0.0986 0.1001
November 0.1013 0.0936 0.0968
December 0.0953 0.0905 0.0931