YEARLY HIGH
0.3373 THB
YEARLY LOW
0.3072 THB
YEARLY AVERAGE
0.3218 THB

2023 BDT to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.3373. Conversely, the yearly low was recorded on February 4, dropping to 0.3072.

This high-to-low spread represents a total annual volatility of 0.0301 THB. From a start-to-finish perspective, comparing the January average rate of 0.3169 to the December average rate of 0.3173, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3373 was down 15.86% compared to the 2022 peak of 0.4009, 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 1,686 THB
2022 Average 1,882 THB
Yearly Trough Low 1,536 THB
Transaction Impact: A difference of 150.64 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3326
0.3155
JanuMarcMayJulySeptNove

BDT to THB 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 0.3210, compared to 0.3226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.3210
H2 Avg (Jul–Dec) 0.3226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0301 THB (High: 0.3373 / Low: 0.3072). On the other end, August was the most stable month, with a tight range of 0.0097 THB (High: 0.3243 / Low: 0.3145).

February Spread (Volatile) ±0.0301
August Spread (Stable) ±0.0097

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 0.0100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3205) against the same month in 2022 (average: 0.3794), the exchange rate shifted by -0.0589 (-15.52%).

2023 Avg (February) 0.3205
2022 Avg (February) 0.3794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3354 0.3076 0.3169
February 0.3373 0.3072 0.3205
March 0.3335 0.3167 0.3251
April 0.3263 0.3158 0.3220
May 0.3241 0.3108 0.3191
June 0.3295 0.3192 0.3227
July 0.3283 0.3134 0.3194
August 0.3243 0.3145 0.3207
September 0.3322 0.3206 0.3262
October 0.3366 0.3261 0.3312
November 0.3285 0.3147 0.3212
December 0.3245 0.3109 0.3173