YEARLY HIGH
2.4263 YER
YEARLY LOW
2.2587 YER
YEARLY AVERAGE
2.3180 YER

2023 BDT to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.4263. Conversely, the yearly low was recorded on November 13, dropping to 2.2587.

This high-to-low spread represents a total annual volatility of 0.1677 YER. From a start-to-finish perspective, comparing the January average rate of 2.3889 to the December average rate of 2.2744, the exchange rate registered a net change of -4.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4263 was down 17.25% compared to the 2022 peak of 2.9323, 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 12,132 YER
2022 Average 13,480 YER
Yearly Trough Low 11,293 YER
Transaction Impact: A difference of 838.38 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4008
2.2571
JanuMarcMayJulySeptNove

BDT to YER 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 2.3534, compared to 2.2827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0707 points.

H1 Avg (Jan–Jun) 2.3534
H2 Avg (Jul–Dec) 2.2827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0865 YER (High: 2.3961 / Low: 2.3097). On the other end, October was the most stable month, with a tight range of 0.0151 YER (High: 2.2814 / Low: 2.2663).

February Spread (Volatile) ±0.0865
October Spread (Stable) ±0.0151

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 0.0340 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3889) against the same month in 2022 (average: 2.9136), the exchange rate shifted by -0.5247 (-18.01%).

2023 Avg (January) 2.3889
2022 Avg (January) 2.9136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4263 2.3458 2.3889
February 2.3961 2.3097 2.3549
March 2.3961 2.3280 2.3643
April 2.3898 2.3278 2.3587
May 2.3626 2.3114 2.3370
June 2.3346 2.3088 2.3168
July 2.3292 2.2975 2.3092
August 2.3141 2.2776 2.2907
September 2.2904 2.2663 2.2803
October 2.2814 2.2663 2.2722
November 2.2791 2.2587 2.2691
December 2.2815 2.2640 2.2744