YEARLY HIGH
0.0064 BDT
YEARLY LOW
0.0053 BDT
YEARLY AVERAGE
0.0058 BDT

2023 LAK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0064. Conversely, the yearly low was recorded on December 6, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0011 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0053, the exchange rate registered a net change of -13.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0064 was down 16.84% compared to the 2022 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 BDT
2022 Average 33 BDT
Yearly Trough Low 27 BDT
Transaction Impact: A difference of 5.37 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0064
0.0052
JanuMarcMayJulySeptNove

LAK 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 0.0062, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 BDT (High: 0.0063 / Low: 0.0060). On the other end, November was the most stable month, with a tight range of 0.0000 BDT (High: 0.0054 / Low: 0.0053).

January Spread (Volatile) ±0.0004
November Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0063) against the same month in 2022 (average: 0.0075), the exchange rate shifted by -0.0012 (-16.47%).

2023 Avg (February) 0.0063
2022 Avg (February) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0060 0.0062
February 0.0064 0.0062 0.0063
March 0.0064 0.0062 0.0063
April 0.0063 0.0061 0.0062
May 0.0062 0.0060 0.0061
June 0.0060 0.0057 0.0059
July 0.0058 0.0056 0.0057
August 0.0057 0.0056 0.0056
September 0.0056 0.0054 0.0055
October 0.0054 0.0053 0.0053
November 0.0054 0.0053 0.0053
December 0.0054 0.0053 0.0053