2023 MAD to BDT Historical Review

YEARLY HIGH

11.2942 BDT

YEARLY LOW

9.8330 BDT

YEARLY AVERAGE

10.6743 BDT

2023 MAD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 11.2942. Conversely, the yearly low was recorded on January 3, dropping to 9.8330.

This high-to-low spread represents a total annual volatility of 1.4612 BDT. From a start-to-finish perspective, comparing the January average rate of 10.2434 to the December average rate of 10.9577, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.2942 was up 11.37% compared to the 2022 peak of 10.1414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,471 BDT

2022 Average 45,896 BDT

Yearly Trough Low 49,165 BDT

Transaction Impact: A difference of 7,306.14 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.2218

10.1545

JanuMarcMayJulySeptNove

MAD 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 10.4415, compared to 10.9070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4655 points.

H1 Avg (Jan–Jun) 10.4415

H2 Avg (Jul–Dec) 10.9070

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.6749 BDT (High: 10.5079 / Low: 9.8330). On the other end, October was the most stable month, with a tight range of 0.1720 BDT (High: 10.8037 / Low: 10.6317).

January Spread (Volatile) ±0.6749

October Spread (Stable) ±0.1720

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3085 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11.1328) against the same month in 2022 (average: 9.1834), the exchange rate shifted by +1.9494 (+21.23%).

2023 Avg (July) 11.1328

2022 Avg (July) 9.1834

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5079	9.8330	10.2434
February	10.5855	10.0497	10.3217
March	10.5098	10.0648	10.2520
April	10.7179	10.3007	10.4786
May	10.8451	10.4655	10.5993
June	10.9312	10.5238	10.7541
July	11.2942	10.9312	11.1328
August	11.2859	10.7399	11.0383
September	10.8086	10.6357	10.7298
October	10.8037	10.6317	10.7247
November	10.9785	10.6999	10.8589
December	11.1558	10.7997	10.9577