YEARLY HIGH
0.0423 BDT
YEARLY LOW
0.0340 BDT
YEARLY AVERAGE
0.0371 BDT

2022 SYP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SYP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0423. Conversely, the yearly low was recorded on February 27, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0084 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0413, the exchange rate registered a net change of 20.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0423 was down 74.49% compared to the 2021 peak of 0.1660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212 BDT
2021 Average 426 BDT
Yearly Trough Low 170 BDT
Transaction Impact: A difference of 41.83 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0420
0.0335
JanuMarcMayJulySeptNove

SYP 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 0.0348, compared to 0.0395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0348
H2 Avg (Jul–Dec) 0.0395

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0042 BDT (High: 0.0416 / Low: 0.0374). On the other end, January was the most stable month, with a tight range of 0.0002 BDT (High: 0.0342 / Low: 0.0340).

September Spread (Volatile) ±0.0042
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0413) against the same month in 2021 (average: 0.0341), the exchange rate shifted by +0.0072 (+21.00%).

2022 Avg (December) 0.0413
2021 Avg (December) 0.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0342 0.0340 0.0342
February 0.0344 0.0340 0.0342
March 0.0345 0.0342 0.0343
April 0.0347 0.0343 0.0344
May 0.0354 0.0344 0.0347
June 0.0374 0.0354 0.0368
July 0.0377 0.0370 0.0374
August 0.0380 0.0377 0.0378
September 0.0416 0.0374 0.0390
October 0.0421 0.0399 0.0407
November 0.0421 0.0401 0.0406
December 0.0423 0.0408 0.0413