YEARLY HIGH
15.9922 BDT
YEARLY LOW
14.8207 BDT
YEARLY AVERAGE
15.2767 BDT

2023 CNY to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 15.9922. Conversely, the yearly low was recorded on July 2, dropping to 14.8207.

This high-to-low spread represents a total annual volatility of 1.1716 BDT. From a start-to-finish perspective, comparing the January average rate of 15.4319 to the December average rate of 15.4558, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.9922 was up 4.93% compared to the 2022 peak of 15.2413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 399,805 BDT
2022 Average 346,289 BDT
Yearly Trough Low 370,516 BDT
Transaction Impact: A difference of 29,288.95 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.5846
15.0055
JanuMarcMayJulySeptNove

CNY 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 15.3623, compared to 15.1911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1712 points.

H1 Avg (Jan–Jun) 15.3623
H2 Avg (Jul–Dec) 15.1911

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.9229 BDT (High: 15.9922 / Low: 15.0693). On the other end, September was the most stable month, with a tight range of 0.2039 BDT (High: 15.1476 / Low: 14.9437).

February Spread (Volatile) ±0.9229
September Spread (Stable) ±0.2039

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2249 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 15.5364) against the same month in 2022 (average: 13.5546), the exchange rate shifted by +1.9818 (+14.62%).

2023 Avg (February) 15.5364
2022 Avg (February) 13.5546

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.8031 14.9541 15.4319
February 15.9922 15.0693 15.5364
March 15.6438 15.1187 15.3609
April 15.6289 15.1556 15.4118
May 15.6479 15.0739 15.3290
June 15.2199 14.9136 15.1041
July 15.2822 14.8207 15.0847
August 15.2548 14.9789 15.0939
September 15.1476 14.9437 15.0537
October 15.4023 15.0321 15.1453
November 15.5963 15.0474 15.3135
December 15.6192 15.3271 15.4558