YEARLY HIGH
0.3269 BDT
YEARLY LOW
0.2725 BDT
YEARLY AVERAGE
0.3063 BDT

2023 HUF to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.3269. Conversely, the yearly low was recorded on January 3, dropping to 0.2725.

This high-to-low spread represents a total annual volatility of 0.0544 BDT. From a start-to-finish perspective, comparing the January average rate of 0.2864 to the December average rate of 0.3148, the exchange rate registered a net change of 9.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3269 was up 16.18% compared to the 2022 peak of 0.2813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 326,857 BDT
2022 Average 251,160 BDT
Yearly Trough Low 272,466 BDT
Transaction Impact: A difference of 54,390.75 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3191
0.2834
JanuMarcMayJulySeptNove

HUF 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 0.3026, compared to 0.3101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.3026
H2 Avg (Jul–Dec) 0.3101

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0258 BDT (High: 0.3077 / Low: 0.2819). On the other end, December was the most stable month, with a tight range of 0.0097 BDT (High: 0.3190 / Low: 0.3093).

March Spread (Volatile) ±0.0258
December Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3161) against the same month in 2022 (average: 0.2379), the exchange rate shifted by +0.0782 (+32.86%).

2023 Avg (July) 0.3161
2022 Avg (July) 0.2379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2981 0.2725 0.2864
February 0.3045 0.2886 0.2959
March 0.3077 0.2819 0.2945
April 0.3145 0.3036 0.3099
May 0.3197 0.3079 0.3126
June 0.3216 0.3105 0.3161
July 0.3269 0.3068 0.3161
August 0.3148 0.3034 0.3096
September 0.3105 0.2954 0.3032
October 0.3081 0.2963 0.3019
November 0.3212 0.3042 0.3149
December 0.3190 0.3093 0.3148