YEARLY HIGH
3.0742 BDT
YEARLY LOW
2.8069 BDT
YEARLY AVERAGE
2.9360 BDT

2023 UAH to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 3.0742. Conversely, the yearly low was recorded on January 1, dropping to 2.8069.

This high-to-low spread represents a total annual volatility of 0.2673 BDT. From a start-to-finish perspective, comparing the January average rate of 2.8510 to the December average rate of 2.9583, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0742 was down 3.89% compared to the 2022 peak of 3.1985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,371 BDT
2022 Average 14,386 BDT
Yearly Trough Low 14,035 BDT
Transaction Impact: A difference of 1,336.33 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0742
2.8307
JanuMarcMayJulySeptNove

UAH 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 2.8875, compared to 2.9844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0969 points.

H1 Avg (Jan–Jun) 2.8875
H2 Avg (Jul–Dec) 2.9844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1400 BDT (High: 3.0231 / Low: 2.8831). On the other end, September was the most stable month, with a tight range of 0.0284 BDT (High: 2.9865 / Low: 2.9582).

December Spread (Volatile) ±0.1400
September Spread (Stable) ±0.0284

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 0.0956 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 3.0539) against the same month in 2022 (average: 2.7710), the exchange rate shifted by +0.2830 (+10.21%).

2023 Avg (November) 3.0539
2022 Avg (November) 2.7710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9052 2.8069 2.8510
February 2.9337 2.8295 2.8886
March 2.9183 2.8285 2.8736
April 2.9271 2.8590 2.8828
May 2.9321 2.8753 2.9031
June 2.9355 2.8941 2.9260
July 2.9604 2.9183 2.9424
August 2.9786 2.9283 2.9599
September 2.9865 2.9582 2.9737
October 3.0415 2.9853 3.0182
November 3.0742 3.0272 3.0539
December 3.0231 2.8831 2.9583