YEARLY HIGH
1.0430 BDT
YEARLY LOW
0.9294 BDT
YEARLY AVERAGE
0.9966 BDT

2023 RSD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.0430. Conversely, the yearly low was recorded on January 3, dropping to 0.9294.

This high-to-low spread represents a total annual volatility of 0.1135 BDT. From a start-to-finish perspective, comparing the January average rate of 0.9633 to the December average rate of 1.0251, the exchange rate registered a net change of 6.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0430 was up 8.39% compared to the 2022 peak of 0.9622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,215 BDT
2022 Average 4,176 BDT
Yearly Trough Low 4,647 BDT
Transaction Impact: A difference of 567.72 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0313
0.9571
JanuMarcMayJulySeptNove

RSD 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 0.9808, compared to 1.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 0.9808
H2 Avg (Jul–Dec) 1.0124

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0593 BDT (High: 0.9887 / Low: 0.9294). On the other end, October was the most stable month, with a tight range of 0.0193 BDT (High: 1.0037 / Low: 0.9844).

January Spread (Volatile) ±0.0593
October Spread (Stable) ±0.0193

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 0.0171 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0226) against the same month in 2022 (average: 0.8162), the exchange rate shifted by +0.2064 (+25.28%).

2023 Avg (July) 1.0226
2022 Avg (July) 0.8162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9887 0.9294 0.9633
February 0.9990 0.9423 0.9698
March 0.9970 0.9464 0.9672
April 1.0068 0.9785 0.9928
May 1.0125 0.9777 0.9926
June 1.0138 0.9799 0.9995
July 1.0430 1.0010 1.0226
August 1.0261 1.0058 1.0165
September 1.0125 0.9887 0.9994
October 1.0037 0.9844 0.9927
November 1.0338 0.9955 1.0182
December 1.0421 1.0096 1.0251