YEARLY HIGH
0.8362 BDT
YEARLY LOW
0.6769 BDT
YEARLY AVERAGE
0.7658 BDT

2023 HTG to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.8362. Conversely, the yearly low was recorded on March 27, dropping to 0.6769.

This high-to-low spread represents a total annual volatility of 0.1594 BDT. From a start-to-finish perspective, comparing the January average rate of 0.7060 to the December average rate of 0.8320, the exchange rate registered a net change of 17.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8362 was down 4.78% compared to the 2022 peak of 0.8782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,181 BDT
2022 Average 3,990 BDT
Yearly Trough Low 3,384 BDT
Transaction Impact: A difference of 796.83 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8474
0.6697
JanuMarcMayJulySeptNove

HTG 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 0.7169, compared to 0.8148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0979 points.

H1 Avg (Jan–Jun) 0.7169
H2 Avg (Jul–Dec) 0.8148

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0814 BDT (High: 0.7660 / Low: 0.6846). On the other end, December was the most stable month, with a tight range of 0.0053 BDT (High: 0.8362 / Low: 0.8309).

May Spread (Volatile) ±0.0814
December Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0185 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8320) against the same month in 2022 (average: 0.7171), the exchange rate shifted by +0.1149 (+16.02%).

2023 Avg (December) 0.8320
2022 Avg (December) 0.7171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7193 0.6944 0.7060
February 0.7225 0.6910 0.7079
March 0.7086 0.6769 0.6895
April 0.6955 0.6771 0.6845
May 0.7660 0.6846 0.7373
June 0.7813 0.7608 0.7759
July 0.7952 0.7787 0.7873
August 0.8077 0.7923 0.8028
September 0.8198 0.8040 0.8115
October 0.8303 0.8136 0.8224
November 0.8355 0.8272 0.8326
December 0.8362 0.8309 0.8320