YEARLY HIGH
0.0073 BDT
YEARLY LOW
0.0066 BDT
YEARLY AVERAGE
0.0071 BDT

2023 IDR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0073. Conversely, the yearly low was recorded on January 3, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0007 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0071, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0073 was up 4.94% compared to the 2022 peak of 0.0070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 73,289 BDT
2022 Average 62,764 BDT
Yearly Trough Low 66,312 BDT
Transaction Impact: A difference of 6,976.91 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0073
0.0068
JanuMarcMayJulySeptNove

IDR 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 0.0071, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0071
H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 BDT (High: 0.0071 / Low: 0.0066). On the other end, August was the most stable month, with a tight range of 0.0001 BDT (High: 0.0072 / Low: 0.0071).

January Spread (Volatile) ±0.0005
August Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0072) against the same month in 2022 (average: 0.0060), the exchange rate shifted by +0.0012 (+20.56%).

2023 Avg (May) 0.0072
2022 Avg (May) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0066 0.0069
February 0.0072 0.0069 0.0070
March 0.0071 0.0068 0.0069
April 0.0072 0.0070 0.0071
May 0.0073 0.0071 0.0072
June 0.0073 0.0072 0.0072
July 0.0073 0.0071 0.0072
August 0.0072 0.0071 0.0072
September 0.0072 0.0071 0.0071
October 0.0071 0.0069 0.0070
November 0.0072 0.0069 0.0071
December 0.0072 0.0070 0.0071