2023 SAR to BDT Historical Review

YEARLY HIGH

29.5510 BDT

YEARLY LOW

27.4294 BDT

YEARLY AVERAGE

28.7943 BDT

2023 SAR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 29.5510. Conversely, the yearly low was recorded on January 1, dropping to 27.4294.

This high-to-low spread represents a total annual volatility of 2.1217 BDT. From a start-to-finish perspective, comparing the January average rate of 27.9004 to the December average rate of 29.3303, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.5510 was up 4.49% compared to the 2022 peak of 28.2807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,755 BDT

2022 Average 124,258 BDT

Yearly Trough Low 137,147 BDT

Transaction Impact: A difference of 10,608.27 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.5703

27.7486

JanuMarcMayJulySeptNove

SAR 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 28.3510, compared to 29.2375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8865 points.

H1 Avg (Jan–Jun) 28.3510

H2 Avg (Jul–Dec) 29.2375

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.0287 BDT (High: 28.8767 / Low: 27.8480). On the other end, October was the most stable month, with a tight range of 0.1825 BDT (High: 29.4450 / Low: 29.2624).

February Spread (Volatile) ±1.0287

October Spread (Stable) ±0.1825

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1426 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 29.4185) against the same month in 2022 (average: 27.1682), the exchange rate shifted by +2.2503 (+8.28%).

2023 Avg (November) 29.4185

2022 Avg (November) 27.1682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.4417	27.4294	27.9004
February	28.8767	27.8480	28.3400
March	28.6348	27.8409	28.1974
April	28.6728	27.9285	28.2946
May	28.8749	28.2343	28.5623
June	28.9144	28.5938	28.8114
July	29.0521	28.6532	28.9019
August	29.2826	28.8410	29.1305
September	29.4598	29.1282	29.2710
October	29.4450	29.2624	29.3728
November	29.5510	29.2802	29.4185
December	29.4809	29.2351	29.3303