2023 XCD to BDT Historical Review

YEARLY HIGH

41.0129 BDT

YEARLY LOW

38.1711 BDT

YEARLY AVERAGE

39.9708 BDT

2023 XCD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 41.0129. Conversely, the yearly low was recorded on January 1, dropping to 38.1711.

This high-to-low spread represents a total annual volatility of 2.8419 BDT. From a start-to-finish perspective, comparing the January average rate of 38.7782 to the December average rate of 40.7090, 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 41.0129 was up 4.19% compared to the 2022 peak of 39.3621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 205,065 BDT

2022 Average 172,652 BDT

Yearly Trough Low 190,855 BDT

Transaction Impact: A difference of 14,209.42 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.0254

38.5739

JanuMarcMayJulySeptNove

XCD 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 39.3644, compared to 40.5772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2128 points.

H1 Avg (Jan–Jun) 39.3644

H2 Avg (Jul–Dec) 40.5772

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.4307 BDT (High: 40.0911 / Low: 38.6604). On the other end, October was the most stable month, with a tight range of 0.2711 BDT (High: 40.8835 / Low: 40.6124).

February Spread (Volatile) ±1.4307

October Spread (Stable) ±0.2711

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 0.1638 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 40.8211) against the same month in 2022 (average: 37.7836), the exchange rate shifted by +3.0376 (+8.04%).

2023 Avg (November) 40.8211

2022 Avg (November) 37.7836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.4979	38.1711	38.7782
February	40.0911	38.6604	39.3401
March	39.7921	38.6532	39.1763
April	39.7953	38.7624	39.2726
May	40.0702	39.2007	39.6363
June	40.1231	39.6787	39.9829
July	40.3200	39.7713	40.1121
August	40.6536	40.0306	40.4329
September	40.8835	40.4279	40.6222
October	40.8835	40.6124	40.7660
November	41.0129	40.6454	40.8211
December	40.9212	40.5775	40.7090