YEARLY HIGH
16.0284 BDT
YEARLY LOW
14.9283 BDT
YEARLY AVERAGE
15.6381 BDT

2023 BOB to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 16.0284. Conversely, the yearly low was recorded on January 1, dropping to 14.9283.

This high-to-low spread represents a total annual volatility of 1.1001 BDT. From a start-to-finish perspective, comparing the January average rate of 15.1663 to the December average rate of 15.9037, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.0284 was up 4.12% compared to the 2022 peak of 15.3936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,142 BDT
2022 Average 67,686 BDT
Yearly Trough Low 74,642 BDT
Transaction Impact: A difference of 5,500.42 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.0661
15.0845
JanuMarcMayJulySeptNove

BOB 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 15.4009, compared to 15.8753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4744 points.

H1 Avg (Jan–Jun) 15.4009
H2 Avg (Jul–Dec) 15.8753

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5568 BDT (High: 15.6802 / Low: 15.1234). On the other end, October was the most stable month, with a tight range of 0.0048 BDT (High: 15.9588 / Low: 15.9540).

February Spread (Volatile) ±0.5568
October Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0806 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 15.9843) against the same month in 2022 (average: 14.7896), the exchange rate shifted by +1.1947 (+8.08%).

2023 Avg (November) 15.9843
2022 Avg (November) 14.7896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4484 14.9283 15.1663
February 15.6802 15.1234 15.3843
March 15.5850 15.1200 15.3435
April 15.5674 15.1612 15.3627
May 15.6724 15.3231 15.5084
June 15.6917 15.5245 15.6402
July 15.7445 15.5976 15.7031
August 15.8408 15.6510 15.8139
September 15.9587 15.8105 15.8914
October 15.9588 15.9540 15.9555
November 16.0284 15.9074 15.9843
December 15.9549 15.8278 15.9037