YEARLY HIGH
0.0848 SVC
YEARLY LOW
0.0790 SVC
YEARLY AVERAGE
0.0810 SVC

2023 BDT to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0848. Conversely, the yearly low was recorded on November 17, dropping to 0.0790.

This high-to-low spread represents a total annual volatility of 0.0058 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0835 to the December average rate of 0.0796, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0848 was down 17.10% compared to the 2022 peak of 0.1023, 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 424 SVC
2022 Average 471 SVC
Yearly Trough Low 395 SVC
Transaction Impact: A difference of 29.21 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0839
0.0788
JanuMarcMayJulySeptNove

BDT to SVC 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 0.0822, compared to 0.0798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0822
H2 Avg (Jul–Dec) 0.0798

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0030 SVC (High: 0.0837 / Low: 0.0808). On the other end, October was the most stable month, with a tight range of 0.0000 SVC (High: 0.0794 / Low: 0.0794).

February Spread (Volatile) ±0.0030
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0835) against the same month in 2022 (average: 0.1019), the exchange rate shifted by -0.0183 (-18.02%).

2023 Avg (January) 0.0835
2022 Avg (January) 0.1019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0848 0.0820 0.0835
February 0.0837 0.0808 0.0823
March 0.0838 0.0812 0.0825
April 0.0832 0.0814 0.0824
May 0.0825 0.0808 0.0816
June 0.0816 0.0807 0.0810
July 0.0812 0.0804 0.0806
August 0.0809 0.0799 0.0801
September 0.0801 0.0794 0.0797
October 0.0794 0.0794 0.0794
November 0.0796 0.0790 0.0792
December 0.0797 0.0794 0.0796