YEARLY HIGH
0.6241 BDT
YEARLY LOW
0.5803 BDT
YEARLY AVERAGE
0.6074 BDT

2023 DJF to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.6241. Conversely, the yearly low was recorded on January 1, dropping to 0.5803.

This high-to-low spread represents a total annual volatility of 0.0438 BDT. From a start-to-finish perspective, comparing the January average rate of 0.5896 to the December average rate of 0.6177, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6241 was up 4.30% compared to the 2022 peak of 0.5984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,121 BDT
2022 Average 2,621 BDT
Yearly Trough Low 2,902 BDT
Transaction Impact: A difference of 219.13 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6242
0.5865
JanuMarcMayJulySeptNove

DJF 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 0.5983, compared to 0.6166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 0.5983
H2 Avg (Jul–Dec) 0.6166

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0198 BDT (High: 0.6002 / Low: 0.5803). On the other end, October was the most stable month, with a tight range of 0.0034 BDT (High: 0.6210 / Low: 0.6176).

January Spread (Volatile) ±0.0198
October Spread (Stable) ±0.0034

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 0.0033 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.6210) against the same month in 2022 (average: 0.5747), the exchange rate shifted by +0.0463 (+8.06%).

2023 Avg (November) 0.6210
2022 Avg (November) 0.5747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6002 0.5803 0.5896
February 0.6037 0.5866 0.5973
March 0.6047 0.5873 0.5960
April 0.6054 0.5920 0.5975
May 0.6090 0.5956 0.6023
June 0.6114 0.6003 0.6072
July 0.6130 0.6075 0.6102
August 0.6164 0.6087 0.6142
September 0.6197 0.6130 0.6167
October 0.6210 0.6176 0.6194
November 0.6241 0.6175 0.6210
December 0.6213 0.6141 0.6177