YEARLY HIGH
30.5627 BDT
YEARLY LOW
26.7469 BDT
YEARLY AVERAGE
28.8947 BDT

2023 PEN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 30.5627. Conversely, the yearly low was recorded on January 25, dropping to 26.7469.

This high-to-low spread represents a total annual volatility of 3.8158 BDT. From a start-to-finish perspective, comparing the January average rate of 27.4120 to the December average rate of 29.4482, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.5627 was up 9.80% compared to the 2022 peak of 27.8337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,813 BDT
2022 Average 121,674 BDT
Yearly Trough Low 133,735 BDT
Transaction Impact: A difference of 19,078.83 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.3985
27.1405
JanuMarcMayJulySeptNove

PEN 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 28.3529, compared to 29.4365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0836 points.

H1 Avg (Jan–Jun) 28.3529
H2 Avg (Jul–Dec) 29.4365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.2375 BDT (High: 27.9844 / Low: 26.7469). On the other end, September was the most stable month, with a tight range of 0.6175 BDT (High: 29.7029 / Low: 29.0854).

January Spread (Volatile) ±1.2375
September Spread (Stable) ±0.6175

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 September and October, when the average rate fell by 0.7820 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.7820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 30.1270) against the same month in 2022 (average: 24.1192), the exchange rate shifted by +6.0077 (+24.91%).

2023 Avg (July) 30.1270
2022 Avg (July) 24.1192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.9844 26.7469 27.4120
February 28.1446 27.1173 27.7051
March 28.5689 27.5296 28.0312
April 28.6537 27.9842 28.2505
May 29.4999 28.5379 29.0801
June 29.9930 29.0074 29.6387
July 30.5627 29.7723 30.1270
August 30.1073 29.3259 29.6012
September 29.7029 29.0854 29.4822
October 29.1080 28.4203 28.7002
November 29.6443 28.6347 29.2603
December 29.7957 29.0722 29.4482