2023 GNF to BDT Historical Review

YEARLY HIGH

0.0129 BDT

YEARLY LOW

0.0118 BDT

YEARLY AVERAGE

0.0125 BDT

2023 GNF to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0129. Conversely, the yearly low was recorded on January 5, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0011 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0128, the exchange rate registered a net change of 5.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was up 5.22% compared to the 2022 peak of 0.0123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 BDT

2022 Average 53 BDT

Yearly Trough Low 59 BDT

Transaction Impact: A difference of 5.44 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0129

0.0120

JanuMarcMayJulySeptNove

GNF 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 0.0123, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 BDT (High: 0.0124 / Low: 0.0118). On the other end, December was the most stable month, with a tight range of 0.0001 BDT (High: 0.0129 / Low: 0.0128).

January Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0001

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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0128) against the same month in 2022 (average: 0.0118), the exchange rate shifted by +0.0011 (+8.99%).

2023 Avg (November) 0.0128

2022 Avg (November) 0.0118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0124	0.0118	0.0121
February	0.0125	0.0120	0.0123
March	0.0125	0.0120	0.0123
April	0.0125	0.0122	0.0123
May	0.0126	0.0123	0.0124
June	0.0126	0.0124	0.0125
July	0.0127	0.0125	0.0126
August	0.0127	0.0125	0.0127
September	0.0128	0.0127	0.0128
October	0.0128	0.0127	0.0128
November	0.0129	0.0127	0.0128
December	0.0129	0.0128	0.0128