2023 FJD to BDT Historical Review

YEARLY HIGH

50.3210 BDT

YEARLY LOW

46.4392 BDT

YEARLY AVERAGE

48.4518 BDT

2023 FJD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 50.3210. Conversely, the yearly low was recorded on January 1, dropping to 46.4392.

This high-to-low spread represents a total annual volatility of 3.8818 BDT. From a start-to-finish perspective, comparing the January average rate of 48.1216 to the December average rate of 49.6640, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 50.3210 was up 4.40% compared to the 2022 peak of 48.1981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 251,605 BDT

2022 Average 212,961 BDT

Yearly Trough Low 232,196 BDT

Transaction Impact: A difference of 19,408.86 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.8568

47.5431

JanuMarcMayJulySeptNove

FJD 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 48.1628, compared to 48.7408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5779 points.

H1 Avg (Jan–Jun) 48.1628

H2 Avg (Jul–Dec) 48.7408

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.9915 BDT (High: 49.4308 / Low: 46.4392). On the other end, September was the most stable month, with a tight range of 0.6587 BDT (High: 48.6741 / Low: 48.0155).

January Spread (Volatile) ±2.9915

September Spread (Stable) ±0.6587

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7260 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 49.6640) against the same month in 2022 (average: 47.0073), the exchange rate shifted by +2.6567 (+5.65%).

2023 Avg (December) 49.6640

2022 Avg (December) 47.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.4308	46.4392	48.1216
February	49.8382	47.1297	48.4619
March	48.7136	46.8551	47.7359
April	48.8447	47.1115	47.9574
May	49.2716	47.5150	48.1490
June	49.3074	47.5872	48.5513
July	49.8869	48.0148	48.8799
August	49.2777	47.6520	48.4369
September	48.6741	48.0155	48.3419
October	48.8215	47.9928	48.2920
November	49.5089	48.0584	48.8300
December	50.3210	49.1103	49.6640