2023 BND to BTN Historical Review

YEARLY HIGH

63.1935 BTN

YEARLY LOW

60.3983 BTN

YEARLY AVERAGE

61.4926 BTN

2023 BND to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 63.1935. Conversely, the yearly low was recorded on July 1, dropping to 60.3983.

This high-to-low spread represents a total annual volatility of 2.7952 BTN. From a start-to-finish perspective, comparing the January average rate of 61.6642 to the December average rate of 62.5412, the exchange rate registered a net change of 1.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 63.1935 was up 2.59% compared to the 2022 peak of 61.6000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 315,968 BTN

2022 Average 284,956 BTN

Yearly Trough Low 301,992 BTN

Transaction Impact: A difference of 13,976.06 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

62.7202

60.5725

JanuMarcMayJulySeptNove

BND 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 61.5238, compared to 61.4615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0624 points.

H1 Avg (Jan–Jun) 61.5238

H2 Avg (Jul–Dec) 61.4615

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.0629 BTN (High: 62.4612 / Low: 60.3983). On the other end, October was the most stable month, with a tight range of 0.5295 BTN (High: 61.0496 / Low: 60.5201).

July Spread (Volatile) ±2.0629

October Spread (Stable) ±0.5295

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.6526 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 62.5412) against the same month in 2022 (average: 60.9986), the exchange rate shifted by +1.5425 (+2.53%).

2023 Avg (December) 62.5412

2022 Avg (December) 60.9986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	62.2540	61.2251	61.6642
February	62.8952	61.2914	62.0155
March	61.9762	60.5343	61.3629
April	61.9989	61.1822	61.5669
May	61.9605	61.0349	61.4593
June	61.4321	60.3983	61.0742
July	62.4612	60.3983	61.5252
August	61.7631	60.8721	61.3169
September	61.2842	60.7021	60.9305
October	61.0496	60.5201	60.7514
November	62.5139	60.7693	61.7037
December	63.1935	62.0854	62.5412