2023 MMK to BDT Historical Review

YEARLY HIGH

0.0527 BDT

YEARLY LOW

0.0491 BDT

YEARLY AVERAGE

0.0515 BDT

2023 MMK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0527. Conversely, the yearly low was recorded on January 1, dropping to 0.0491.

This high-to-low spread represents a total annual volatility of 0.0036 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0499 to the December average rate of 0.0523, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0527 was up 3.08% compared to the 2022 peak of 0.0512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 264 BDT

2022 Average 242 BDT

Yearly Trough Low 246 BDT

Transaction Impact: A difference of 18.10 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0529

0.0496

JanuMarcMayJulySeptNove

MMK 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 0.0507, compared to 0.0522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0507

H2 Avg (Jul–Dec) 0.0522

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0018 BDT (High: 0.0516 / Low: 0.0498). On the other end, October was the most stable month, with a tight range of 0.0000 BDT (High: 0.0525 / Low: 0.0525).

February Spread (Volatile) ±0.0018

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0526) against the same month in 2022 (average: 0.0487), the exchange rate shifted by +0.0039 (+8.04%).

2023 Avg (November) 0.0526

2022 Avg (November) 0.0487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0508	0.0491	0.0499
February	0.0516	0.0498	0.0506
March	0.0513	0.0497	0.0505
April	0.0512	0.0501	0.0506
May	0.0516	0.0505	0.0510
June	0.0516	0.0511	0.0515
July	0.0518	0.0513	0.0517
August	0.0521	0.0515	0.0520
September	0.0525	0.0520	0.0523
October	0.0525	0.0525	0.0525
November	0.0527	0.0523	0.0526
December	0.0525	0.0523	0.0523