YEARLY HIGH
0.0523 BDT
YEARLY LOW
0.0379 BDT
YEARLY AVERAGE
0.0433 BDT

2023 BIF to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0523. Conversely, the yearly low was recorded on July 8, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0144 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0507 to the December average rate of 0.0386, the exchange rate registered a net change of -23.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0523 was up 1.68% compared to the 2022 peak of 0.0515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 262 BDT
2022 Average 228 BDT
Yearly Trough Low 190 BDT
Transaction Impact: A difference of 72.04 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0526
0.0369
JanuMarcMayJulySeptNove

BIF 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 0.0480, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.0480
H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0138 BDT (High: 0.0518 / Low: 0.0380). On the other end, December was the most stable month, with a tight range of 0.0003 BDT (High: 0.0388 / Low: 0.0385).

May Spread (Volatile) ±0.0138
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0076 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0513) against the same month in 2022 (average: 0.0428), the exchange rate shifted by +0.0085 (+19.75%).

2023 Avg (February) 0.0513
2022 Avg (February) 0.0428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0515 0.0499 0.0507
February 0.0523 0.0504 0.0513
March 0.0518 0.0504 0.0510
April 0.0517 0.0505 0.0510
May 0.0518 0.0380 0.0458
June 0.0383 0.0380 0.0382
July 0.0385 0.0379 0.0383
August 0.0387 0.0382 0.0386
September 0.0389 0.0385 0.0387
October 0.0389 0.0386 0.0388
November 0.0390 0.0387 0.0389
December 0.0388 0.0385 0.0386