2023 NPR to BDT Historical Review

YEARLY HIGH

0.8330 BDT

YEARLY LOW

0.7793 BDT

YEARLY AVERAGE

0.8178 BDT

2023 NPR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.8330. Conversely, the yearly low was recorded on January 3, dropping to 0.7793.

This high-to-low spread represents a total annual volatility of 0.0537 BDT. From a start-to-finish perspective, comparing the January average rate of 0.8006 to the December average rate of 0.8253, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8330 was up 1.45% compared to the 2022 peak of 0.8211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,165 BDT

2022 Average 3,707 BDT

Yearly Trough Low 3,897 BDT

Transaction Impact: A difference of 268.26 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8316

0.7977

JanuMarcMayJulySeptNove

NPR 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 0.8092, compared to 0.8265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.8092

H2 Avg (Jul–Dec) 0.8265

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0366 BDT (High: 0.8159 / Low: 0.7793). On the other end, October was the most stable month, with a tight range of 0.0023 BDT (High: 0.8298 / Low: 0.8275).

January Spread (Volatile) ±0.0366

October Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0035 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.8288) against the same month in 2022 (average: 0.7818), the exchange rate shifted by +0.0470 (+6.01%).

2023 Avg (November) 0.8288

2022 Avg (November) 0.7818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8159	0.7793	0.8006
February	0.8199	0.7901	0.8045
March	0.8187	0.7914	0.8049
April	0.8205	0.7997	0.8100
May	0.8241	0.8096	0.8137
June	0.8264	0.8110	0.8217
July	0.8291	0.8184	0.8253
August	0.8283	0.8204	0.8247
September	0.8310	0.8241	0.8266
October	0.8298	0.8275	0.8281
November	0.8330	0.8237	0.8288
December	0.8283	0.8228	0.8253