YEARLY HIGH
282.7312 STD
YEARLY LOW
266.4740 STD
YEARLY AVERAGE
273.7174 STD

2023 BTN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 282.7312. Conversely, the yearly low was recorded on December 28, dropping to 266.4740.

This high-to-low spread represents a total annual volatility of 16.2571 STD. From a start-to-finish perspective, comparing the January average rate of 278.9555 to the December average rate of 267.4185, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 282.7312 was down 5.41% compared to the 2022 peak of 298.8919, 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 1,413,656 STD
2022 Average 1,411,119 STD
Yearly Trough Low 1,332,370 STD
Transaction Impact: A difference of 81,285.71 STD purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2023 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

280.1092
266.2648
JanuMarcMayJulySeptNove

BTN to STD 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 277.7887, compared to 269.6461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.1426 points.

H1 Avg (Jan–Jun) 277.7887
H2 Avg (Jul–Dec) 269.6461

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 9.4113 STD (High: 280.0947 / Low: 270.6833). On the other end, October was the most stable month, with a tight range of 1.4258 STD (High: 268.9225 / Low: 267.4967).

July Spread (Volatile) Âą9.4113
October Spread (Stable) Âą1.4258

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 8.0741 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.0741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 278.7058) against the same month in 2022 (average: 283.7406), the exchange rate shifted by -5.0348 (-1.77%).

2023 Avg (April) 278.7058
2022 Avg (April) 283.7406

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 281.5471 275.2081 278.9555
February 278.9298 275.0189 276.3437
March 280.2885 275.4945 277.6390
April 282.7312 277.0686 278.7058
May 279.5623 275.5487 277.3808
June 280.1550 276.0845 277.7074
July 280.0947 270.6833 277.1510
August 271.1334 267.2012 269.0769
September 269.7081 267.4984 268.4328
October 268.9225 267.4967 267.9700
November 269.9390 267.1674 267.8275
December 268.3321 266.4740 267.4185