YEARLY HIGH
0.0166 BND
YEARLY LOW
0.0158 BND
YEARLY AVERAGE
0.0163 BND

2023 BTN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.0166. Conversely, the yearly low was recorded on December 28, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0007 BND. From a start-to-finish perspective, comparing the January average rate of 0.0162 to the December average rate of 0.0160, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0166 was down 9.59% compared to the 2022 peak of 0.0183, 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 83 BND
2022 Average 88 BND
Yearly Trough Low 79 BND
Transaction Impact: A difference of 3.66 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0165
0.0159
JanuMarcMayJulySeptNove

BTN to BND 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 0.0163, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0163
H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0005 BND (High: 0.0166 / Low: 0.0160). On the other end, October was the most stable month, with a tight range of 0.0001 BND (High: 0.0165 / Low: 0.0164).

July Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0164) against the same month in 2022 (average: 0.0177), the exchange rate shifted by -0.0014 (-7.66%).

2023 Avg (June) 0.0164
2022 Avg (June) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0163 0.0161 0.0162
February 0.0163 0.0159 0.0161
March 0.0165 0.0161 0.0163
April 0.0163 0.0161 0.0162
May 0.0164 0.0161 0.0163
June 0.0166 0.0163 0.0164
July 0.0166 0.0160 0.0163
August 0.0164 0.0162 0.0163
September 0.0165 0.0163 0.0164
October 0.0165 0.0164 0.0165
November 0.0165 0.0160 0.0162
December 0.0161 0.0158 0.0160