2023 ILS to BDT Historical Review

YEARLY HIGH

31.6979 BDT

YEARLY LOW

27.0391 BDT

YEARLY AVERAGE

29.3411 BDT

2023 ILS to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 31.6979. Conversely, the yearly low was recorded on October 26, dropping to 27.0391.

This high-to-low spread represents a total annual volatility of 4.6589 BDT. From a start-to-finish perspective, comparing the January average rate of 30.4376 to the December average rate of 30.0297, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.6979 was up 2.91% compared to the 2022 peak of 30.8011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,490 BDT

2022 Average 138,813 BDT

Yearly Trough Low 135,195 BDT

Transaction Impact: A difference of 23,294.42 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.7112

27.4279

JanuMarcMayJulySeptNove

ILS 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 29.6353, compared to 29.0469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5884 points.

H1 Avg (Jan–Jun) 29.6353

H2 Avg (Jul–Dec) 29.0469

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 3.1257 BDT (High: 31.6979 / Low: 28.5723). On the other end, September was the most stable month, with a tight range of 0.5206 BDT (High: 29.0264 / Low: 28.5058).

February Spread (Volatile) ±3.1257

September Spread (Stable) ±0.5206

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0641 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 30.0152) against the same month in 2022 (average: 26.7348), the exchange rate shifted by +3.2804 (+12.27%).

2023 Avg (February) 30.0152

2022 Avg (February) 26.7348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6911	29.2006	30.4376
February	31.6979	28.5723	30.0152
March	30.3434	28.7104	29.2859
April	29.9943	28.8054	29.2010
May	29.5503	28.7029	29.1864
June	30.4744	28.6069	29.6855
July	30.2485	28.9729	29.5744
August	29.8577	28.7096	29.1851
September	29.0264	28.5058	28.7656
October	29.0008	27.0391	27.7015
November	29.9200	27.4527	29.0248
December	30.5357	29.5542	30.0297