YEARLY HIGH
22.9754 BDT
YEARLY LOW
18.8719 BDT
YEARLY AVERAGE
21.6522 BDT

2023 BRL to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 22.9754. Conversely, the yearly low was recorded on January 3, dropping to 18.8719.

This high-to-low spread represents a total annual volatility of 4.1035 BDT. From a start-to-finish perspective, comparing the January average rate of 20.2092 to the December average rate of 22.4676, the exchange rate registered a net change of 11.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.9754 was up 12.14% compared to the 2022 peak of 20.4884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 574,386 BDT
2022 Average 452,187 BDT
Yearly Trough Low 471,799 BDT
Transaction Impact: A difference of 102,587.24 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.8316
19.9708
JanuMarcMayJulySeptNove

BRL 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 21.0041, compared to 22.3004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2963 points.

H1 Avg (Jan–Jun) 21.0041
H2 Avg (Jul–Dec) 22.3004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.1670 BDT (High: 21.0389 / Low: 18.8719). On the other end, November was the most stable month, with a tight range of 0.5719 BDT (High: 22.8119 / Low: 22.2400).

January Spread (Volatile) ±2.1670
November Spread (Stable) ±0.5719

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4343 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 22.5932) against the same month in 2022 (average: 17.5430), the exchange rate shifted by +5.0502 (+28.79%).

2023 Avg (July) 22.5932
2022 Avg (July) 17.5430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0389 18.8719 20.2092
February 21.2502 19.7670 20.5293
March 21.1359 19.8132 20.3198
April 21.6915 20.7887 21.1663
May 22.0727 21.0253 21.5267
June 22.7093 21.3843 22.2731
July 22.9754 22.0827 22.5932
August 22.7791 21.9450 22.2655
September 22.6006 21.8862 22.1992
October 22.1120 21.2798 21.7649
November 22.8119 22.2400 22.5119
December 22.8336 22.1525 22.4676