2023 SLL to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SLL to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SLL to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 0.0062. Conversely, the yearly low was recorded on July 30, dropping to 0.0052.
This high-to-low spread represents a total annual volatility of 0.0010 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0052, the exchange rate registered a net change of -11.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 0.0062 was down 19.00% compared to the 2022 peak of 0.0076, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SLL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SLL to BDT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0060, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 0.0010 BDT (High: 0.0062 / Low: 0.0052). On the other end, October was the most stable month, with a tight range of 0.0000 BDT (High: 0.0053 / Low: 0.0052).
Growth Streaks & Declines
TrendsBetween March and June, 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 0.0008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 0.0060) against the same month in 2022 (average: 0.0069), the exchange rate shifted by -0.0009 (-13.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0060 | 0.0058 | 0.0059 |
| February | 0.0061 | 0.0059 | 0.0060 |
| March | 0.0061 | 0.0059 | 0.0060 |
| April | 0.0061 | 0.0059 | 0.0060 |
| May | 0.0061 | 0.0060 | 0.0061 |
| June | 0.0061 | 0.0061 | 0.0061 |
| July | 0.0062 | 0.0052 | 0.0060 |
| August | 0.0052 | 0.0052 | 0.0052 |
| September | 0.0053 | 0.0052 | 0.0052 |
| October | 0.0053 | 0.0052 | 0.0053 |
| November | 0.0053 | 0.0052 | 0.0053 |
| December | 0.0053 | 0.0052 | 0.0052 |