2023 GTQ to BDT Historical Review

YEARLY HIGH

14.1556 BDT

YEARLY LOW

13.1443 BDT

YEARLY AVERAGE

13.7966 BDT

2023 GTQ to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 14.1556. Conversely, the yearly low was recorded on January 1, dropping to 13.1443.

This high-to-low spread represents a total annual volatility of 1.0113 BDT. From a start-to-finish perspective, comparing the January average rate of 13.3534 to the December average rate of 14.0468, the exchange rate registered a net change of 5.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.1556 was up 4.73% compared to the 2022 peak of 13.5169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,778 BDT

2022 Average 60,171 BDT

Yearly Trough Low 65,722 BDT

Transaction Impact: A difference of 5,056.30 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1784

13.2784

JanuMarcMayJulySeptNove

GTQ 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 13.6104, compared to 13.9828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3724 points.

H1 Avg (Jan–Jun) 13.6104

H2 Avg (Jul–Dec) 13.9828

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.4578 BDT (High: 13.8031 / Low: 13.3453). On the other end, October was the most stable month, with a tight range of 0.0439 BDT (High: 14.0637 / Low: 14.0198).

February Spread (Volatile) ±0.4578

October Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0565 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 14.1034) against the same month in 2022 (average: 13.0822), the exchange rate shifted by +1.0212 (+7.81%).

2023 Avg (November) 14.1034

2022 Avg (November) 13.0822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5988	13.1443	13.3534
February	13.8031	13.3453	13.5743
March	13.8169	13.3763	13.5893
April	13.8004	13.4796	13.6240
May	13.8780	13.5958	13.7282
June	13.8383	13.7005	13.7932
July	13.8721	13.7426	13.8303
August	13.9439	13.7558	13.9082
September	14.0292	13.8824	13.9546
October	14.0637	14.0198	14.0537
November	14.1556	14.0042	14.1034
December	14.0751	14.0197	14.0468