2023 NZD to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NZD to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NZD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 69.8750. Conversely, the yearly low was recorded on October 25, dropping to 63.8655.
This high-to-low spread represents a total annual volatility of 6.0095 BDT. From a start-to-finish perspective, comparing the January average rate of 67.1380 to the December average rate of 68.5284, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 69.8750 was up 3.25% compared to the 2022 peak of 67.6754, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NZD to BDT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 66.3905, compared to 66.2716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1189 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 4.8669 BDT (High: 69.5014 / Low: 64.6345). On the other end, September was the most stable month, with a tight range of 1.8618 BDT (High: 66.2386 / Low: 64.3768).
Growth Streaks & Declines
TrendsBetween March and May, 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 July and August, when the average rate fell by 2.0334 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 68.5284) against the same month in 2022 (average: 65.9585), the exchange rate shifted by +2.5699 (+3.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.2392 | 64.5743 | 67.1380 |
| February | 69.5014 | 64.6345 | 66.7753 |
| March | 67.2468 | 64.2650 | 65.7213 |
| April | 67.9272 | 64.6457 | 65.9093 |
| May | 68.6330 | 64.5719 | 66.4971 |
| June | 67.5335 | 65.0319 | 66.3020 |
| July | 69.5052 | 65.8978 | 67.4666 |
| August | 66.7518 | 64.4450 | 65.4332 |
| September | 66.2386 | 64.3768 | 65.0822 |
| October | 66.6398 | 63.8655 | 64.9474 |
| November | 67.8879 | 64.6688 | 66.1718 |
| December | 69.8750 | 67.3707 | 68.5284 |