YEARLY HIGH
0.1844 SZL
YEARLY LOW
0.1592 SZL
YEARLY AVERAGE
0.1707 SZL

2023 BDT to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.1844. Conversely, the yearly low was recorded on February 2, dropping to 0.1592.

This high-to-low spread represents a total annual volatility of 0.0252 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1632 to the December average rate of 0.1694, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1844 was down 2.24% compared to the 2022 peak of 0.1886, 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 922 SZL
2022 Average 878 SZL
Yearly Trough Low 796 SZL
Transaction Impact: A difference of 125.80 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1792
0.1618
JanuMarcMayJulySeptNove

BDT to SZL 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 0.1710, compared to 0.1705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1710
H2 Avg (Jul–Dec) 0.1705

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0174 SZL (High: 0.1766 / Low: 0.1592). On the other end, September was the most stable month, with a tight range of 0.0054 SZL (High: 0.1752 / Low: 0.1698).

February Spread (Volatile) ±0.0174
September Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1732) against the same month in 2022 (average: 0.1709), the exchange rate shifted by +0.0023 (+1.37%).

2023 Avg (June) 0.1732
2022 Avg (June) 0.1709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1659 0.1599 0.1632
February 0.1766 0.1592 0.1684
March 0.1769 0.1664 0.1724
April 0.1737 0.1659 0.1708
May 0.1842 0.1699 0.1778
June 0.1844 0.1678 0.1732
July 0.1759 0.1618 0.1681
August 0.1781 0.1659 0.1719
September 0.1752 0.1698 0.1727
October 0.1767 0.1703 0.1731
November 0.1712 0.1639 0.1678
December 0.1736 0.1649 0.1694