2023 LKR to BDT Historical Review

YEARLY HIGH

0.3705 BDT

YEARLY LOW

0.2807 BDT

YEARLY AVERAGE

0.3299 BDT

2023 LKR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.3705. Conversely, the yearly low was recorded on January 1, dropping to 0.2807.

This high-to-low spread represents a total annual volatility of 0.0898 BDT. From a start-to-finish perspective, comparing the January average rate of 0.2866 to the December average rate of 0.3367, the exchange rate registered a net change of 17.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3705 was down 13.34% compared to the 2022 peak of 0.4275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,852 BDT

2022 Average 1,496 BDT

Yearly Trough Low 1,403 BDT

Transaction Impact: A difference of 448.96 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3643

0.2795

JanuMarcMayJulySeptNove

LKR 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 0.3213, compared to 0.3386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.3213

H2 Avg (Jul–Dec) 0.3386

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0426 BDT (High: 0.3314 / Low: 0.2887). On the other end, December was the most stable month, with a tight range of 0.0038 BDT (High: 0.3390 / Low: 0.3352).

March Spread (Volatile) ±0.0426

December Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0175 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3573) against the same month in 2022 (average: 0.2569), the exchange rate shifted by +0.1003 (+39.05%).

2023 Avg (June) 0.3573

2022 Avg (June) 0.2569

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2929	0.2807	0.2866
February	0.2941	0.2864	0.2912
March	0.3314	0.2887	0.3170
April	0.3333	0.3242	0.3297
May	0.3647	0.3313	0.3460
June	0.3705	0.3388	0.3573
July	0.3541	0.3268	0.3397
August	0.3475	0.3367	0.3396
September	0.3436	0.3369	0.3397
October	0.3405	0.3358	0.3390
November	0.3387	0.3346	0.3366
December	0.3390	0.3352	0.3367