2023 SYP to BDT Historical Review

YEARLY HIGH

0.0441 BDT

YEARLY LOW

0.0411 BDT

YEARLY AVERAGE

0.0430 BDT

2023 SYP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0441. Conversely, the yearly low was recorded on January 1, dropping to 0.0411.

This high-to-low spread represents a total annual volatility of 0.0031 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0417 to the December average rate of 0.0438, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0441 was up 4.19% compared to the 2022 peak of 0.0423, 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 221 BDT

2022 Average 186 BDT

Yearly Trough Low 205 BDT

Transaction Impact: A difference of 15.28 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0441

0.0415

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 0.0423, compared to 0.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0423

H2 Avg (Jul–Dec) 0.0436

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0015 BDT (High: 0.0431 / Low: 0.0416). On the other end, October was the most stable month, with a tight range of 0.0003 BDT (High: 0.0440 / Low: 0.0437).

February Spread (Volatile) ±0.0015

October Spread (Stable) ±0.0003

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 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0439) against the same month in 2022 (average: 0.0406), the exchange rate shifted by +0.0033 (+8.04%).

2023 Avg (November) 0.0439

2022 Avg (November) 0.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0425	0.0411	0.0417
February	0.0431	0.0416	0.0423
March	0.0428	0.0416	0.0421
April	0.0428	0.0417	0.0422
May	0.0431	0.0422	0.0426
June	0.0432	0.0427	0.0430
July	0.0434	0.0428	0.0431
August	0.0437	0.0431	0.0435
September	0.0440	0.0435	0.0437
October	0.0440	0.0437	0.0438
November	0.0441	0.0437	0.0439
December	0.0440	0.0436	0.0438