YEARLY HIGH
0.0262 XCD
YEARLY LOW
0.0244 XCD
YEARLY AVERAGE
0.0250 XCD

2023 BDT to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0262. Conversely, the yearly low was recorded on November 13, dropping to 0.0244.

This high-to-low spread represents a total annual volatility of 0.0018 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0258 to the December average rate of 0.0246, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0262 was down 17.27% compared to the 2022 peak of 0.0317, 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 XCD
2022 Average 146 XCD
Yearly Trough Low 122 XCD
Transaction Impact: A difference of 9.08 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0259
0.0244
JanuMarcMayJulySeptNove

BDT to XCD 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 0.0254, compared to 0.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0254
H2 Avg (Jul–Dec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0009 XCD (High: 0.0259 / Low: 0.0249). On the other end, October was the most stable month, with a tight range of 0.0002 XCD (High: 0.0246 / Low: 0.0245).

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

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 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0258) against the same month in 2022 (average: 0.0315), the exchange rate shifted by -0.0057 (-18.03%).

2023 Avg (January) 0.0258
2022 Avg (January) 0.0315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0262 0.0253 0.0258
February 0.0259 0.0249 0.0254
March 0.0259 0.0251 0.0255
April 0.0258 0.0251 0.0255
May 0.0255 0.0250 0.0252
June 0.0252 0.0249 0.0250
July 0.0251 0.0248 0.0249
August 0.0250 0.0246 0.0247
September 0.0247 0.0245 0.0246
October 0.0246 0.0245 0.0245
November 0.0246 0.0244 0.0245
December 0.0246 0.0244 0.0246