YEARLY HIGH
54.9465 BDT
YEARLY LOW
51.1743 BDT
YEARLY AVERAGE
53.6189 BDT

2023 BZD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 54.9465. Conversely, the yearly low was recorded on January 1, dropping to 51.1743.

This high-to-low spread represents a total annual volatility of 3.7722 BDT. From a start-to-finish perspective, comparing the January average rate of 51.9914 to the December average rate of 54.5240, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.9465 was up 4.12% compared to the 2022 peak of 52.7701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274,733 BDT
2022 Average 231,503 BDT
Yearly Trough Low 255,871 BDT
Transaction Impact: A difference of 18,861.05 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55.0765
51.7109
JanuMarcMayJulySeptNove

BZD 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 52.8133, compared to 54.4245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6112 points.

H1 Avg (Jan–Jun) 52.8133
H2 Avg (Jul–Dec) 54.4245

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.9103 BDT (High: 53.7549 / Low: 51.8446). On the other end, October was the most stable month, with a tight range of 0.0097 BDT (High: 54.7026 / Low: 54.6929).

February Spread (Volatile) ±1.9103
October Spread (Stable) ±0.0097

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 0.2720 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 54.7960) against the same month in 2022 (average: 50.7097), the exchange rate shifted by +4.0862 (+8.06%).

2023 Avg (November) 54.7960
2022 Avg (November) 50.7097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.9581 51.1743 51.9914
February 53.7549 51.8446 52.7389
March 53.4306 51.8267 52.6571
April 53.3583 52.1451 52.7082
May 53.7488 52.6449 53.1683
June 53.7880 53.2197 53.6161
July 53.9732 53.4719 53.8442
August 54.3038 53.6550 54.2105
September 54.7066 54.2012 54.4763
October 54.7026 54.6929 54.6962
November 54.9465 54.5303 54.7960
December 54.6936 54.4369 54.5240