2023 BTN to AZN Historical Review

YEARLY HIGH

0.0211 AZN

YEARLY LOW

0.0203 AZN

YEARLY AVERAGE

0.0206 AZN

2023 BTN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0211. Conversely, the yearly low was recorded on December 28, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0007 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0204, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0211 was down 8.46% compared to the 2022 peak of 0.0230, 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 105 AZN

2022 Average 108 AZN

Yearly Trough Low 102 AZN

Transaction Impact: A difference of 3.64 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0208

0.0204

JanuMarcMayJulySeptNove

BTN to AZN 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 0.0207, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0207

H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 AZN (High: 0.0210 / Low: 0.0205). On the other end, October was the most stable month, with a tight range of 0.0001 AZN (High: 0.0205 / Low: 0.0204).

January Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0208) against the same month in 2022 (average: 0.0223), the exchange rate shifted by -0.0015 (-6.93%).

2023 Avg (April) 0.0208

2022 Avg (April) 0.0223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0210	0.0205	0.0208
February	0.0208	0.0205	0.0206
March	0.0209	0.0205	0.0207
April	0.0211	0.0206	0.0208
May	0.0208	0.0205	0.0207
June	0.0209	0.0206	0.0207
July	0.0209	0.0205	0.0207
August	0.0207	0.0204	0.0205
September	0.0206	0.0204	0.0205
October	0.0205	0.0204	0.0204
November	0.0206	0.0204	0.0204
December	0.0205	0.0203	0.0204