YEARLY HIGH
40.6437 BDT
YEARLY LOW
38.2418 BDT
YEARLY AVERAGE
39.5432 BDT

2023 WST to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 40.6437. Conversely, the yearly low was recorded on January 1, dropping to 38.2418.

This high-to-low spread represents a total annual volatility of 2.4018 BDT. From a start-to-finish perspective, comparing the January average rate of 38.8501 to the December average rate of 39.2922, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.6437 was up 3.06% compared to the 2022 peak of 39.4351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 203,218 BDT
2022 Average 174,237 BDT
Yearly Trough Low 191,209 BDT
Transaction Impact: A difference of 12,009.22 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.5372
38.6967
JanuMarcMayJulySeptNove

WST 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 39.2315, compared to 39.8550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6234 points.

H1 Avg (Jan–Jun) 39.2315
H2 Avg (Jul–Dec) 39.8550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.4334 BDT (High: 40.1655 / Low: 38.7321). On the other end, December was the most stable month, with a tight range of 0.3318 BDT (High: 39.4970 / Low: 39.1652).

February Spread (Volatile) ±1.4334
December Spread (Stable) ±0.3318

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6697 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 40.3838) against the same month in 2022 (average: 36.0379), the exchange rate shifted by +4.3460 (+12.06%).

2023 Avg (September) 40.3838
2022 Avg (September) 36.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.5711 38.2418 38.8501
February 40.1655 38.7321 39.4130
March 39.8658 38.7248 39.2358
April 39.4600 38.4358 38.9418
May 39.7326 38.8704 39.3024
June 39.7851 39.3445 39.6461
July 39.9803 39.4362 39.7874
August 40.4151 39.7958 40.1956
September 40.6437 40.1907 40.3838
October 40.6437 39.2876 40.0702
November 39.5855 39.2308 39.4004
December 39.4970 39.1652 39.2922