YEARLY HIGH
28.2079 BDT
YEARLY LOW
23.3047 BDT
YEARLY AVERAGE
25.7669 BDT

2023 PLN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 28.2079. Conversely, the yearly low was recorded on January 5, dropping to 23.3047.

This high-to-low spread represents a total annual volatility of 4.9032 BDT. From a start-to-finish perspective, comparing the January average rate of 24.1817 to the December average rate of 27.7404, the exchange rate registered a net change of 14.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.2079 was up 16.34% compared to the 2022 peak of 24.2462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 564,158 BDT
2022 Average 418,861 BDT
Yearly Trough Low 466,093 BDT
Transaction Impact: A difference of 98,064.27 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.1158
23.6110
JanuMarcMayJulySeptNove

PLN 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 24.8884, compared to 26.6455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7572 points.

H1 Avg (Jan–Jun) 24.8884
H2 Avg (Jul–Dec) 26.6455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.2262 BDT (High: 25.5309 / Low: 23.3047). On the other end, August was the most stable month, with a tight range of 0.8242 BDT (High: 27.1757 / Low: 26.3515).

January Spread (Volatile) ±2.2262
August Spread (Stable) ±0.8242

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.2557 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 27.7404) against the same month in 2022 (average: 23.4948), the exchange rate shifted by +4.2457 (+18.07%).

2023 Avg (December) 27.7404
2022 Avg (December) 23.4948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.5309 23.3047 24.1817
February 24.9888 23.4159 23.9864
March 25.0170 23.6722 24.1648
April 25.6883 24.4989 25.0865
May 26.1169 25.2361 25.6362
June 26.8135 25.5420 26.2746
July 27.5366 26.3572 26.9750
August 27.1757 26.3515 26.7386
September 26.5458 25.0294 25.4829
October 26.3685 24.9419 25.8111
November 28.0619 26.1041 27.1250
December 28.2079 27.2935 27.7404