YEARLY HIGH
24.7312 BDT
YEARLY LOW
22.1110 BDT
YEARLY AVERAGE
23.6202 BDT

2023 RON to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 24.7312. Conversely, the yearly low was recorded on January 3, dropping to 22.1110.

This high-to-low spread represents a total annual volatility of 2.6202 BDT. From a start-to-finish perspective, comparing the January average rate of 22.9471 to the December average rate of 24.1735, the exchange rate registered a net change of 5.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 24.7312 was up 7.57% compared to the 2022 peak of 22.9907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123,656 BDT
2022 Average 99,481 BDT
Yearly Trough Low 110,555 BDT
Transaction Impact: A difference of 13,101.09 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24.3925
22.8157
JanuMarcMayJulySeptNove

RON 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 23.3064, compared to 23.9339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6275 points.

H1 Avg (Jan–Jun) 23.3064
H2 Avg (Jul–Dec) 23.9339

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.5900 BDT (High: 23.7010 / Low: 22.1110). On the other end, October was the most stable month, with a tight range of 0.4518 BDT (High: 23.6620 / Low: 23.2102).

January Spread (Volatile) ±1.5900
October Spread (Stable) ±0.4518

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.5183 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 24.2611) against the same month in 2022 (average: 19.3985), the exchange rate shifted by +4.8626 (+25.07%).

2023 Avg (July) 24.2611
2022 Avg (July) 19.3985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.7010 22.1110 22.9471
February 23.9143 22.4306 23.1797
March 23.6152 22.5749 23.0116
April 23.9183 23.2467 23.5668
May 24.1318 23.1090 23.5153
June 23.9603 23.1404 23.6183
July 24.7312 23.6400 24.2611
August 24.3470 23.8906 24.1200
September 24.0068 23.3107 23.6017
October 23.6620 23.2102 23.4333
November 24.3857 23.4767 24.0140
December 24.5551 23.8141 24.1735