YEARLY HIGH
122.2325 BDT
YEARLY LOW
109.0505 BDT
YEARLY AVERAGE
116.9127 BDT

2023 EUR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 122.2325. Conversely, the yearly low was recorded on January 3, dropping to 109.0505.

This high-to-low spread represents a total annual volatility of 13.1819 BDT. From a start-to-finish perspective, comparing the January average rate of 113.0641 to the December average rate of 120.1769, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 122.2325 was up 8.27% compared to the 2022 peak of 112.8975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 611,162 BDT
2022 Average 490,465 BDT
Yearly Trough Low 545,253 BDT
Transaction Impact: A difference of 65,909.69 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

120.8882
112.3528
JanuMarcMayJulySeptNove

EUR 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 115.1102, compared to 118.7152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6050 points.

H1 Avg (Jan–Jun) 115.1102
H2 Avg (Jul–Dec) 118.7152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.0425 BDT (High: 116.0931 / Low: 109.0505). On the other end, October was the most stable month, with a tight range of 2.1237 BDT (High: 117.6044 / Low: 115.4807).

January Spread (Volatile) ±7.0425
October Spread (Stable) ±2.1237

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 1.9840 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9840

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 119.8818) against the same month in 2022 (average: 95.7985), the exchange rate shifted by +24.0834 (+25.14%).

2023 Avg (July) 119.8818
2022 Avg (July) 95.7985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 116.0931 109.0505 113.0641
February 117.1397 110.5067 113.7890
March 116.9691 111.0368 113.4494
April 118.2508 114.7225 116.6325
May 119.3773 114.6492 116.5452
June 118.9107 114.9507 117.1808
July 122.2325 117.2703 119.8818
August 120.2734 117.8725 119.2158
September 118.7322 115.9656 117.2318
October 117.6044 115.4807 116.4051
November 121.2330 116.6603 119.3796
December 122.0895 118.4240 120.1769