2023 BDT to TRY Historical Review

YEARLY HIGH

0.2686 TRY

YEARLY LOW

0.1737 TRY

YEARLY AVERAGE

0.2197 TRY

2023 BDT to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2686. Conversely, the yearly low was recorded on February 4, dropping to 0.1737.

This high-to-low spread represents a total annual volatility of 0.0948 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1792 to the December average rate of 0.2645, the exchange rate registered a net change of 47.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2686 was up 37.74% compared to the 2022 peak of 0.1950, 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 1,343 TRY

2022 Average 886 TRY

Yearly Trough Low 869 TRY

Transaction Impact: A difference of 474.18 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2732

0.1686

JanuMarcMayJulySeptNove

BDT to TRY 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 0.1870, compared to 0.2523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0653 points.

H1 Avg (Jan–Jun) 0.1870

H2 Avg (Jul–Dec) 0.2523

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0462 TRY (High: 0.2412 / Low: 0.1949). On the other end, January was the most stable month, with a tight range of 0.0051 TRY (High: 0.1812 / Low: 0.1761).

June Spread (Volatile) ±0.0462

January Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between February and August, 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 January and February, when the average rate fell by 0.0019 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2645) against the same month in 2022 (average: 0.1797), the exchange rate shifted by +0.0848 (+47.18%).

2023 Avg (December) 0.2645

2022 Avg (December) 0.1797

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1812	0.1761	0.1792
February	0.1808	0.1737	0.1773
March	0.1818	0.1759	0.1795
April	0.1857	0.1791	0.1823
May	0.1936	0.1803	0.1846
June	0.2412	0.1949	0.2194
July	0.2492	0.2393	0.2442
August	0.2497	0.2372	0.2463
September	0.2491	0.2433	0.2460
October	0.2571	0.2488	0.2531
November	0.2628	0.2570	0.2598
December	0.2686	0.2616	0.2645