2023 DOP to BDT Historical Review

YEARLY HIGH

1.9844 BDT

YEARLY LOW

1.8296 BDT

YEARLY AVERAGE

1.9296 BDT

2023 DOP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 1.9844. Conversely, the yearly low was recorded on January 17, dropping to 1.8296.

This high-to-low spread represents a total annual volatility of 0.1548 BDT. From a start-to-finish perspective, comparing the January average rate of 1.8519 to the December average rate of 1.9191, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9844 was up 0.83% compared to the 2022 peak of 1.9682, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,922 BDT

2022 Average 8,502 BDT

Yearly Trough Low 9,148 BDT

Transaction Impact: A difference of 773.98 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9809

1.8402

JanuMarcMayJulySeptNove

DOP 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 1.9242, compared to 1.9349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 1.9242

H2 Avg (Jul–Dec) 1.9349

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0822 BDT (High: 1.9632 / Low: 1.8810). On the other end, October was the most stable month, with a tight range of 0.0099 BDT (High: 1.9432 / Low: 1.9333).

March Spread (Volatile) ±0.0822

October Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0265 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 1.9644) against the same month in 2022 (average: 1.5825), the exchange rate shifted by +0.3819 (+24.13%).

2023 Avg (May) 1.9644

2022 Avg (May) 1.5825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8918	1.8296	1.8519
February	1.9207	1.8574	1.8925
March	1.9632	1.8810	1.9269
April	1.9693	1.9173	1.9404
May	1.9844	1.9429	1.9644
June	1.9822	1.9546	1.9692
July	1.9640	1.9284	1.9427
August	1.9452	1.9227	1.9297
September	1.9442	1.9246	1.9343
October	1.9432	1.9333	1.9397
November	1.9518	1.9270	1.9439
December	1.9398	1.8923	1.9191