2023 LRD to BDT Historical Review

YEARLY HIGH

0.7046 BDT

YEARLY LOW

0.5801 BDT

YEARLY AVERAGE

0.6214 BDT

2023 LRD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.7046. Conversely, the yearly low was recorded on August 6, dropping to 0.5801.

This high-to-low spread represents a total annual volatility of 0.1245 BDT. From a start-to-finish perspective, comparing the January average rate of 0.6745 to the December average rate of 0.5845, the exchange rate registered a net change of -13.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7046 was up 2.00% compared to the 2022 peak of 0.6908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,523 BDT

2022 Average 3,052 BDT

Yearly Trough Low 2,900 BDT

Transaction Impact: A difference of 622.62 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6891

0.5750

JanuMarcMayJulySeptNove

LRD 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 0.6549, compared to 0.5879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0670 points.

H1 Avg (Jan–Jun) 0.6549

H2 Avg (Jul–Dec) 0.5879

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0475 BDT (High: 0.7046 / Low: 0.6571). On the other end, October was the most stable month, with a tight range of 0.0042 BDT (High: 0.5918 / Low: 0.5876).

February Spread (Volatile) ±0.0475

October Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0289 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6796) against the same month in 2022 (average: 0.5594), the exchange rate shifted by +0.1202 (+21.49%).

2023 Avg (February) 0.6796

2022 Avg (February) 0.5594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6891	0.6637	0.6745
February	0.7046	0.6571	0.6796
March	0.6841	0.6517	0.6640
April	0.6619	0.6339	0.6507
May	0.6504	0.6339	0.6415
June	0.6353	0.6007	0.6190
July	0.6007	0.5812	0.5901
August	0.5886	0.5801	0.5865
September	0.5923	0.5867	0.5891
October	0.5918	0.5876	0.5895
November	0.5906	0.5841	0.5874
December	0.5897	0.5822	0.5845