YEARLY HIGH
22.7666 BTN
YEARLY LOW
21.9846 BTN
YEARLY AVERAGE
22.4755 BTN

2023 AED to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 22.7666. Conversely, the yearly low was recorded on April 30, dropping to 21.9846.

This high-to-low spread represents a total annual volatility of 0.7820 BTN. From a start-to-finish perspective, comparing the January average rate of 22.2773 to the December average rate of 22.6879, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.7666 was up 0.64% compared to the 2022 peak of 22.6213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113,833 BTN
2022 Average 106,973 BTN
Yearly Trough Low 109,923 BTN
Transaction Impact: A difference of 3,910.23 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.7290
22.2363
JanuMarcMayJulySeptNove

AED to BTN 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 22.3720, compared to 22.5791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2070 points.

H1 Avg (Jan–Jun) 22.3720
H2 Avg (Jul–Dec) 22.5791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.5086 BTN (High: 22.5792 / Low: 22.0707). On the other end, October was the most stable month, with a tight range of 0.1204 BTN (High: 22.6783 / Low: 22.5579).

January Spread (Volatile) ±0.5086
October Spread (Stable) ±0.1204

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 0.1029 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 22.6879) against the same month in 2022 (average: 22.4527), the exchange rate shifted by +0.2352 (+1.05%).

2023 Avg (December) 22.6879
2022 Avg (December) 22.4527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.5792 22.0707 22.2773
February 22.5945 22.2774 22.4868
March 22.5577 22.1706 22.3839
April 22.4313 21.9846 22.2999
May 22.5563 22.2322 22.4077
June 22.5077 22.1805 22.3765
July 22.5389 22.1852 22.3524
August 22.7028 22.3739 22.5451
September 22.6781 22.4929 22.5993
October 22.6783 22.5579 22.6382
November 22.7100 22.4731 22.6514
December 22.7666 22.6096 22.6879