YEARLY HIGH
0.0261 WST
YEARLY LOW
0.0246 WST
YEARLY AVERAGE
0.0253 WST

2023 BDT to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0261. Conversely, the yearly low was recorded on October 1, dropping to 0.0246.

This high-to-low spread represents a total annual volatility of 0.0015 WST. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0255, the exchange rate registered a net change of -1.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0261 was down 14.92% compared to the 2022 peak of 0.0307, 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 131 WST
2022 Average 144 WST
Yearly Trough Low 123 WST
Transaction Impact: A difference of 7.73 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0258
0.0247
JanuMarcMayJulySeptNove

BDT to WST 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 0.0255, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0255
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0009 WST (High: 0.0258 / Low: 0.0249). On the other end, December was the most stable month, with a tight range of 0.0002 WST (High: 0.0255 / Low: 0.0253).

February Spread (Volatile) ±0.0009
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0257) against the same month in 2022 (average: 0.0303), the exchange rate shifted by -0.0045 (-15.00%).

2023 Avg (January) 0.0257
2022 Avg (January) 0.0303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0261 0.0253 0.0257
February 0.0258 0.0249 0.0254
March 0.0258 0.0251 0.0255
April 0.0260 0.0253 0.0257
May 0.0257 0.0252 0.0254
June 0.0254 0.0251 0.0252
July 0.0254 0.0250 0.0251
August 0.0251 0.0247 0.0249
September 0.0249 0.0246 0.0248
October 0.0255 0.0246 0.0250
November 0.0255 0.0253 0.0254
December 0.0255 0.0253 0.0255