2023 CVE to BDT Historical Review

YEARLY HIGH

1.1082 BDT

YEARLY LOW

0.9891 BDT

YEARLY AVERAGE

1.0583 BDT

2023 CVE to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.1082. Conversely, the yearly low was recorded on January 5, dropping to 0.9891.

This high-to-low spread represents a total annual volatility of 0.1191 BDT. From a start-to-finish perspective, comparing the January average rate of 1.0227 to the December average rate of 1.0876, the exchange rate registered a net change of 6.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1082 was up 8.48% compared to the 2022 peak of 1.0216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,541 BDT

2022 Average 4,437 BDT

Yearly Trough Low 4,945 BDT

Transaction Impact: A difference of 595.52 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0940

1.0163

JanuMarcMayJulySeptNove

CVE 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 1.0414, compared to 1.0752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0337 points.

H1 Avg (Jan–Jun) 1.0414

H2 Avg (Jul–Dec) 1.0752

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0608 BDT (High: 1.0499 / Low: 0.9891). On the other end, October was the most stable month, with a tight range of 0.0188 BDT (High: 1.0631 / Low: 1.0443).

January Spread (Volatile) ±0.0608

October Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0177 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0861) against the same month in 2022 (average: 0.8737), the exchange rate shifted by +0.2123 (+24.30%).

2023 Avg (July) 1.0861

2022 Avg (July) 0.8737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0499	0.9891	1.0227
February	1.0641	1.0034	1.0316
March	1.0576	1.0060	1.0273
April	1.0715	1.0360	1.0540
May	1.0765	1.0378	1.0538
June	1.0745	1.0344	1.0591
July	1.1082	1.0602	1.0861
August	1.0946	1.0703	1.0808
September	1.0774	1.0526	1.0631
October	1.0631	1.0443	1.0545
November	1.0962	1.0467	1.0792
December	1.1046	1.0638	1.0876