2023 BTN to CNY Historical Review

YEARLY HIGH

0.0890 CNY

YEARLY LOW

0.0819 CNY

YEARLY AVERAGE

0.0857 CNY

2023 BTN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.0890. Conversely, the yearly low was recorded on February 2, dropping to 0.0819.

This high-to-low spread represents a total annual volatility of 0.0071 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0830 to the December average rate of 0.0854, the exchange rate registered a net change of 2.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0890 was down 0.04% compared to the 2022 peak of 0.0890, 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 445 CNY

2022 Average 428 CNY

Yearly Trough Low 410 CNY

Transaction Impact: A difference of 35.25 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0884

0.0824

JanuMarcMayJulySeptNove

BTN to CNY 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 0.0843, compared to 0.0871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0843

H2 Avg (Jul–Dec) 0.0871

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0031 CNY (High: 0.0880 / Low: 0.0849). On the other end, September was the most stable month, with a tight range of 0.0011 CNY (High: 0.0885 / Low: 0.0874).

November Spread (Volatile) ±0.0031

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0875) against the same month in 2022 (average: 0.0847), the exchange rate shifted by +0.0028 (+3.36%).

2023 Avg (July) 0.0875

2022 Avg (July) 0.0847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0836	0.0822	0.0830
February	0.0841	0.0819	0.0829
March	0.0854	0.0830	0.0838
April	0.0856	0.0835	0.0841
May	0.0860	0.0842	0.0849
June	0.0885	0.0858	0.0871
July	0.0890	0.0863	0.0875
August	0.0882	0.0866	0.0874
September	0.0885	0.0874	0.0879
October	0.0882	0.0862	0.0875
November	0.0880	0.0849	0.0866
December	0.0861	0.0848	0.0854