YEARLY HIGH
12.6600 BDT
YEARLY LOW
11.7881 BDT
YEARLY AVERAGE
12.3511 BDT

2023 SVC to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 12.6600. Conversely, the yearly low was recorded on January 1, dropping to 11.7881.

This high-to-low spread represents a total annual volatility of 0.8719 BDT. From a start-to-finish perspective, comparing the January average rate of 11.9768 to the December average rate of 12.5604, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.6600 was up 4.14% compared to the 2022 peak of 12.1571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,300 BDT
2022 Average 53,324 BDT
Yearly Trough Low 58,941 BDT
Transaction Impact: A difference of 4,359.41 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.6881
11.9122
JanuMarcMayJulySeptNove

SVC 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 12.1644, compared to 12.5377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3733 points.

H1 Avg (Jan–Jun) 12.1644
H2 Avg (Jul–Dec) 12.5377

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.4413 BDT (High: 12.3834 / Low: 11.9420). On the other end, October was the most stable month, with a tight range of 0.0017 BDT (High: 12.6010 / Low: 12.5993).

February Spread (Volatile) ±0.4413
October Spread (Stable) ±0.0017

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 November and December, when the average rate fell by 0.0630 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 12.6234) against the same month in 2022 (average: 11.6820), the exchange rate shifted by +0.9415 (+8.06%).

2023 Avg (November) 12.6234
2022 Avg (November) 11.6820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1990 11.7881 11.9768
February 12.3834 11.9420 12.1493
March 12.3079 11.9395 12.1185
April 12.2918 12.0124 12.1427
May 12.3751 12.1279 12.2478
June 12.3909 12.2604 12.3514
July 12.4330 12.3177 12.4039
August 12.5096 12.3609 12.4886
September 12.6022 12.4855 12.5495
October 12.6010 12.5993 12.6003
November 12.6600 12.5615 12.6234
December 12.5999 12.5421 12.5604