YEARLY HIGH
11.0479 BDT
YEARLY LOW
9.7037 BDT
YEARLY AVERAGE
10.1848 BDT

2023 SEK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 11.0479. Conversely, the yearly low was recorded on January 5, dropping to 9.7037.

This high-to-low spread represents a total annual volatility of 1.3442 BDT. From a start-to-finish perspective, comparing the January average rate of 10.0877 to the December average rate of 10.7438, the exchange rate registered a net change of 6.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.0479 was up 7.90% compared to the 2022 peak of 10.2393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,239 BDT
2022 Average 46,105 BDT
Yearly Trough Low 48,518 BDT
Transaction Impact: A difference of 6,720.95 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8284
9.8132
JanuMarcMayJulySeptNove

SEK 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 10.1426, compared to 10.2269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0843 points.

H1 Avg (Jan–Jun) 10.1426
H2 Avg (Jul–Dec) 10.2269

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.8061 BDT (High: 10.6802 / Low: 9.8741). On the other end, September was the most stable month, with a tight range of 0.3113 BDT (High: 10.1183 / Low: 9.8070).

November Spread (Volatile) ±0.8061
September Spread (Stable) ±0.3113

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2146 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.7438) against the same month in 2022 (average: 9.9870), the exchange rate shifted by +0.7568 (+7.58%).

2023 Avg (December) 10.7438
2022 Avg (December) 9.9870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4446 9.7037 10.0877
February 10.3414 9.9786 10.1680
March 10.3831 9.7931 10.0764
April 10.4340 10.0383 10.2578
May 10.6243 9.8710 10.2247
June 10.2146 9.8935 10.0412
July 10.6744 9.8988 10.3021
August 10.3200 9.8792 10.0874
September 10.1183 9.8070 9.8978
October 10.1446 9.7976 9.9938
November 10.6802 9.8741 10.3366
December 11.0479 10.4902 10.7438