2023 JMD to BDT Historical Review

YEARLY HIGH

0.7145 BDT

YEARLY LOW

0.6744 BDT

YEARLY AVERAGE

0.7011 BDT

2023 JMD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.7145. Conversely, the yearly low was recorded on January 25, dropping to 0.6744.

This high-to-low spread represents a total annual volatility of 0.0401 BDT. From a start-to-finish perspective, comparing the January average rate of 0.6855 to the December average rate of 0.7083, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7145 was up 2.82% compared to the 2022 peak of 0.6949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,573 BDT

2022 Average 3,043 BDT

Yearly Trough Low 3,372 BDT

Transaction Impact: A difference of 200.50 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7136

0.6830

JanuMarcMayJulySeptNove

JMD 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 0.6940, compared to 0.7082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.6940

H2 Avg (Jul–Dec) 0.7082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0315 BDT (High: 0.7137 / Low: 0.6822). On the other end, July was the most stable month, with a tight range of 0.0036 BDT (High: 0.7049 / Low: 0.7013).

March Spread (Volatile) ±0.0315

July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0025 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7102) against the same month in 2022 (average: 0.6645), the exchange rate shifted by +0.0457 (+6.88%).

2023 Avg (November) 0.7102

2022 Avg (November) 0.6645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7050	0.6744	0.6855
February	0.7013	0.6782	0.6893
March	0.7137	0.6822	0.6970
April	0.7104	0.6917	0.6976
May	0.7036	0.6916	0.6951
June	0.7054	0.6911	0.6994
July	0.7049	0.7013	0.7028
August	0.7094	0.7025	0.7067
September	0.7141	0.7081	0.7104
October	0.7136	0.7077	0.7110
November	0.7145	0.7067	0.7102
December	0.7134	0.7058	0.7083