2023 MGA to BDT Historical Review

YEARLY HIGH

0.0252 BDT

YEARLY LOW

0.0229 BDT

YEARLY AVERAGE

0.0243 BDT

2023 MGA to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0252. Conversely, the yearly low was recorded on January 5, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0022 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0238 to the December average rate of 0.0240, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0252 was down 0.76% compared to the 2022 peak of 0.0254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 126 BDT

2022 Average 113 BDT

Yearly Trough Low 115 BDT

Transaction Impact: A difference of 11.17 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0248

0.0238

JanuMarcMayJulySeptNove

MGA 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 0.0243, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0243

H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0020 BDT (High: 0.0250 / Low: 0.0229). On the other end, October was the most stable month, with a tight range of 0.0002 BDT (High: 0.0244 / Low: 0.0242).

January Spread (Volatile) ±0.0020

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0247) against the same month in 2022 (average: 0.0216), the exchange rate shifted by +0.0032 (+14.74%).

2023 Avg (February) 0.0247

2022 Avg (February) 0.0216

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0250	0.0229	0.0238
February	0.0252	0.0243	0.0247
March	0.0250	0.0241	0.0246
April	0.0247	0.0240	0.0242
May	0.0246	0.0241	0.0243
June	0.0245	0.0238	0.0241
July	0.0245	0.0237	0.0241
August	0.0246	0.0241	0.0243
September	0.0245	0.0242	0.0243
October	0.0244	0.0242	0.0243
November	0.0247	0.0243	0.0244
December	0.0245	0.0238	0.0240