2023 BDT to ZAR Historical Review

YEARLY HIGH

0.1846 ZAR

YEARLY LOW

0.1592 ZAR

YEARLY AVERAGE

0.1708 ZAR

2023 BDT to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1846. Conversely, the yearly low was recorded on February 2, dropping to 0.1592.

This high-to-low spread represents a total annual volatility of 0.0254 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1630 to the December average rate of 0.1690, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1846 was down 2.04% compared to the 2022 peak of 0.1884, 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 923 ZAR

2022 Average 878 ZAR

Yearly Trough Low 796 ZAR

Transaction Impact: A difference of 127.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1798

0.1614

JanuMarcMayJulySeptNove

BDT to ZAR 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 0.1712, compared to 0.1704 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) 0.1712

H2 Avg (Jul–Dec) 0.1704

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0164 ZAR (High: 0.1756 / Low: 0.1592). On the other end, September was the most stable month, with a tight range of 0.0048 ZAR (High: 0.1752 / Low: 0.1704).

February Spread (Volatile) ±0.0164

September Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1783) against the same month in 2022 (average: 0.1822), the exchange rate shifted by -0.0038 (-2.11%).

2023 Avg (May) 0.1783

2022 Avg (May) 0.1822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1666	0.1597	0.1630
February	0.1756	0.1592	0.1686
March	0.1776	0.1658	0.1726
April	0.1747	0.1663	0.1712
May	0.1846	0.1712	0.1783
June	0.1830	0.1680	0.1734
July	0.1769	0.1617	0.1680
August	0.1753	0.1683	0.1719
September	0.1752	0.1704	0.1728
October	0.1775	0.1692	0.1728
November	0.1710	0.1641	0.1680
December	0.1733	0.1658	0.1690