2023 BGN to BDT Historical Review

YEARLY HIGH

62.4382 BDT

YEARLY LOW

55.8003 BDT

YEARLY AVERAGE

59.7536 BDT

2023 BGN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 62.4382. Conversely, the yearly low was recorded on January 5, dropping to 55.8003.

This high-to-low spread represents a total annual volatility of 6.6378 BDT. From a start-to-finish perspective, comparing the January average rate of 57.7871 to the December average rate of 61.4262, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 62.4382 was up 8.22% compared to the 2022 peak of 57.6974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 312,191 BDT

2022 Average 250,740 BDT

Yearly Trough Low 279,002 BDT

Transaction Impact: A difference of 33,189.09 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

61.7901

57.4232

JanuMarcMayJulySeptNove

BGN to BDT 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 58.8186, compared to 60.6886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8700 points.

H1 Avg (Jan–Jun) 58.8186

H2 Avg (Jul–Dec) 60.6886

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5404 BDT (High: 59.3407 / Low: 55.8003). On the other end, October was the most stable month, with a tight range of 1.0934 BDT (High: 60.1124 / Low: 59.0190).

January Spread (Volatile) ±3.5404

October Spread (Stable) ±1.0934

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 1.0177 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 61.2933) against the same month in 2022 (average: 48.9546), the exchange rate shifted by +12.3387 (+25.20%).

2023 Avg (July) 61.2933

2022 Avg (July) 48.9546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.3407	55.8003	57.7871
February	59.9226	56.5162	58.1581
March	59.7528	56.7722	57.9856
April	60.3278	58.7242	59.5536
May	60.7399	58.5970	59.5178
June	60.7694	58.7530	59.9093
July	62.4382	59.9668	61.2933
August	61.5247	60.2935	60.9464
September	60.7610	59.2881	59.9287
October	60.1124	59.0190	59.5139
November	61.9348	59.6016	61.0230
December	62.3973	60.4860	61.4262