2023 BDT to SRD Historical Review

YEARLY HIGH

0.3561 SRD

YEARLY LOW

0.2970 SRD

YEARLY AVERAGE

0.3386 SRD

2023 BDT to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.3561. Conversely, the yearly low was recorded on January 2, dropping to 0.2970.

This high-to-low spread represents a total annual volatility of 0.0590 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3036 to the December average rate of 0.3396, the exchange rate registered a net change of 11.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3561 was up 14.40% compared to the 2022 peak of 0.3112, 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 1,780 SRD

2022 Average 1,291 SRD

Yearly Trough Low 1,485 SRD

Transaction Impact: A difference of 295.16 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3552

0.2989

JanuMarcMayJulySeptNove

BDT to SRD 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 0.3305, compared to 0.3466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.3305

H2 Avg (Jul–Dec) 0.3466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0253 SRD (High: 0.3385 / Low: 0.3132). On the other end, October was the most stable month, with a tight range of 0.0040 SRD (High: 0.3486 / Low: 0.3446).

March Spread (Volatile) ±0.0253

October Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0047 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3465) against the same month in 2022 (average: 0.2399), the exchange rate shifted by +0.1066 (+44.44%).

2023 Avg (April) 0.3465

2022 Avg (April) 0.2399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3109	0.2970	0.3036
February	0.3198	0.2980	0.3086
March	0.3385	0.3132	0.3267
April	0.3561	0.3373	0.3465
May	0.3525	0.3444	0.3486
June	0.3543	0.3466	0.3489
July	0.3557	0.3413	0.3505
August	0.3552	0.3479	0.3503
September	0.3510	0.3462	0.3489
October	0.3486	0.3446	0.3463
November	0.3473	0.3411	0.3443
December	0.3442	0.3342	0.3396