YEARLY HIGH
193.9899 SLL
YEARLY LOW
162.1136 SLL
YEARLY AVERAGE
176.4388 SLL

2023 BDT to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 193.9899. Conversely, the yearly low was recorded on July 11, dropping to 162.1136.

This high-to-low spread represents a total annual volatility of 31.8763 SLL. From a start-to-finish perspective, comparing the January average rate of 168.5778 to the December average rate of 190.6011, the exchange rate registered a net change of 13.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 193.9899 was up 10.59% compared to the 2022 peak of 175.4078, 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 969,949 SLL
2022 Average 731,858 SLL
Yearly Trough Low 810,568 SLL
Transaction Impact: A difference of 159,381.37 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

194.7464
160.6397
JanuMarcMayJulySeptNove

BDT to SLL 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 166.0741, compared to 186.8034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.7293 points.

H1 Avg (Jan–Jun) 166.0741
H2 Avg (Jul–Dec) 186.8034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 31.8763 SLL (High: 193.9899 / Low: 162.1136). On the other end, October was the most stable month, with a tight range of 1.2668 SLL (High: 191.0536 / Low: 189.7868).

July Spread (Volatile) ±31.8763
October Spread (Stable) ±1.2668

Growth Streaks & Declines

Trends

Between June and August, 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 2.4087 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.4087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 166.8928) against the same month in 2022 (average: 143.9558), the exchange rate shifted by +22.9371 (+15.93%).

2023 Avg (July) 166.8928
2022 Avg (July) 143.9558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 171.2402 165.4877 168.5778
February 169.0726 163.0390 166.1691
March 169.1043 164.2643 166.8593
April 168.6280 164.2511 166.4426
May 166.7426 163.1244 164.9140
June 164.7336 162.9090 163.4819
July 193.9899 162.1136 166.8928
August 193.8303 190.8603 191.9042
September 191.9258 189.7868 191.0095
October 191.0536 189.7868 190.3345
November 190.8986 189.1879 190.0785
December 191.2183 189.6119 190.6011