2023 IQD to BDT Historical Review

YEARLY HIGH

0.0846 BDT

YEARLY LOW

0.0707 BDT

YEARLY AVERAGE

0.0797 BDT

2023 IQD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0846. Conversely, the yearly low was recorded on January 1, dropping to 0.0707.

This high-to-low spread represents a total annual volatility of 0.0139 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0718 to the December average rate of 0.0839, the exchange rate registered a net change of 16.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0846 was up 16.09% compared to the 2022 peak of 0.0729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 423 BDT

2022 Average 320 BDT

Yearly Trough Low 353 BDT

Transaction Impact: A difference of 69.74 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0856

0.0705

JanuMarcMayJulySeptNove

IQD 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 0.0757, compared to 0.0838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.0757

H2 Avg (Jul–Dec) 0.0838

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0101 BDT (High: 0.0827 / Low: 0.0725). On the other end, October was the most stable month, with a tight range of 0.0002 BDT (High: 0.0843 / Low: 0.0840).

May Spread (Volatile) ±0.0101

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0844) against the same month in 2022 (average: 0.0700), the exchange rate shifted by +0.0144 (+20.50%).

2023 Avg (November) 0.0844

2022 Avg (November) 0.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0731	0.0707	0.0718
February	0.0736	0.0716	0.0728
March	0.0736	0.0716	0.0726
April	0.0805	0.0717	0.0732
May	0.0827	0.0725	0.0813
June	0.0831	0.0817	0.0825
July	0.0831	0.0822	0.0828
August	0.0836	0.0829	0.0834
September	0.0843	0.0834	0.0838
October	0.0843	0.0840	0.0842
November	0.0846	0.0841	0.0844
December	0.0842	0.0838	0.0839