2023 TOP to BDT Historical Review

YEARLY HIGH

47.2855 BDT

YEARLY LOW

44.0452 BDT

YEARLY AVERAGE

45.7332 BDT

2023 TOP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 47.2855. Conversely, the yearly low was recorded on January 4, dropping to 44.0452.

This high-to-low spread represents a total annual volatility of 3.2404 BDT. From a start-to-finish perspective, comparing the January average rate of 44.9903 to the December average rate of 46.8197, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.2855 was up 4.26% compared to the 2022 peak of 45.3514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 236,428 BDT

2022 Average 200,001 BDT

Yearly Trough Low 220,226 BDT

Transaction Impact: A difference of 16,201.92 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.0126

44.6970

JanuMarcMayJulySeptNove

TOP 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 45.2847, compared to 46.1817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8969 points.

H1 Avg (Jan–Jun) 45.2847

H2 Avg (Jul–Dec) 46.1817

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.5938 BDT (High: 46.8645 / Low: 44.2707). On the other end, September was the most stable month, with a tight range of 0.5295 BDT (High: 46.2419 / Low: 45.7123).

February Spread (Volatile) ±2.5938

September Spread (Stable) ±0.5295

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6021 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 46.8197) against the same month in 2022 (average: 44.2359), the exchange rate shifted by +2.5838 (+5.84%).

2023 Avg (December) 46.8197

2022 Avg (December) 44.2359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.1274	44.0452	44.9903
February	46.8645	44.2707	45.4921
March	45.5885	44.2574	44.8900
April	45.8698	44.3245	45.1010
May	46.2426	44.8139	45.4102
June	46.3206	45.0292	45.8249
July	46.7666	45.3710	46.1676
August	46.5039	45.6552	45.9467
September	46.2419	45.7123	45.9131
October	46.2757	45.6343	45.9568
November	46.7620	45.7199	46.2861
December	47.2855	46.5091	46.8197