2023 BTN to MKD Historical Review

YEARLY HIGH

0.7123 MKD

YEARLY LOW

0.6627 MKD

YEARLY AVERAGE

0.6898 MKD

2023 BTN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.7123. Conversely, the yearly low was recorded on December 28, dropping to 0.6627.

This high-to-low spread represents a total annual volatility of 0.0497 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6989 to the December average rate of 0.6767, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7123 was down 9.10% compared to the 2022 peak of 0.7837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,562 MKD

2022 Average 3,727 MKD

Yearly Trough Low 3,313 MKD

Transaction Impact: A difference of 248.37 MKD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

0.7028

0.6744

JanuMarcMayJulySeptNove

BTN to MKD 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 0.6936, compared to 0.6860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.6936

H2 Avg (Jul–Dec) 0.6860

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0310 MKD (High: 0.7039 / Low: 0.6729). On the other end, October was the most stable month, with a tight range of 0.0113 MKD (High: 0.7059 / Low: 0.6946).

November Spread (Volatile) ±0.0310

October Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0158 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7000) against the same month in 2022 (average: 0.7345), the exchange rate shifted by -0.0345 (-4.70%).

2023 Avg (March) 0.7000

2022 Avg (March) 0.7345

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.7107	0.6907	0.6989
February	0.7047	0.6875	0.6965
March	0.7123	0.6877	0.7000
April	0.6946	0.6780	0.6855
May	0.6972	0.6810	0.6888
June	0.7007	0.6841	0.6919
July	0.6911	0.6676	0.6784
August	0.6902	0.6761	0.6816
September	0.7031	0.6885	0.6944
October	0.7059	0.6946	0.7004
November	0.7039	0.6729	0.6846
December	0.6858	0.6627	0.6767

2023 BTN থেকে MKD-এর ঐতিহাসিক পর্যালোচনা