YEARLY HIGH
0.8336 BDT
YEARLY LOW
0.7250 BDT
YEARLY AVERAGE
0.7701 BDT

2023 JPY to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.8336. Conversely, the yearly low was recorded on November 11, dropping to 0.7250.

This high-to-low spread represents a total annual volatility of 0.1086 BDT. From a start-to-finish perspective, comparing the January average rate of 0.8052 to the December average rate of 0.7659, the exchange rate registered a net change of -4.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8336 was up 4.12% compared to the 2022 peak of 0.8006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 416,801 BDT
2022 Average 355,545 BDT
Yearly Trough Low 362,482 BDT
Transaction Impact: A difference of 54,319.09 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8120
0.7296
JanuMarcMayJulySeptNove

JPY 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 0.7894, compared to 0.7508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 0.7894
H2 Avg (Jul–Dec) 0.7508

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0673 BDT (High: 0.8336 / Low: 0.7663). On the other end, September was the most stable month, with a tight range of 0.0141 BDT (High: 0.7508 / Low: 0.7367).

February Spread (Volatile) ±0.0673
September Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0160 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.7984) against the same month in 2022 (average: 0.7460), the exchange rate shifted by +0.0524 (+7.03%).

2023 Avg (February) 0.7984
2022 Avg (February) 0.7460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8204 0.7779 0.8052
February 0.8336 0.7663 0.7984
March 0.8206 0.7662 0.7927
April 0.8211 0.7680 0.7947
May 0.8013 0.7622 0.7807
June 0.7794 0.7470 0.7647
July 0.7876 0.7444 0.7681
August 0.7691 0.7457 0.7547
September 0.7508 0.7367 0.7428
October 0.7431 0.7284 0.7367
November 0.7495 0.7250 0.7365
December 0.7799 0.7471 0.7659