YEARLY HIGH
0.0873 CNY
YEARLY LOW
0.0833 CNY
YEARLY AVERAGE
0.0858 CNY

2024 BTN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0873. Conversely, the yearly low was recorded on October 6, dropping to 0.0833.

This high-to-low spread represents a total annual volatility of 0.0040 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0856 to the December average rate of 0.0857, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0873 was down 1.88% compared to the 2023 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 437 CNY
2023 Average 428 CNY
Yearly Trough Low 416 CNY
Transaction Impact: A difference of 20.15 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0871
0.0841
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 0.0863, compared to 0.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0863
H2 Avg (Jul–Dec) 0.0853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0027 CNY (High: 0.0873 / Low: 0.0846). On the other end, December was the most stable month, with a tight range of 0.0010 CNY (High: 0.0862 / Low: 0.0852).

June Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and March, 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 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0867) against the same month in 2023 (average: 0.0838), the exchange rate shifted by +0.0029 (+3.44%).

2024 Avg (March) 0.0867
2023 Avg (March) 0.0838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0866 0.0845 0.0856
February 0.0870 0.0851 0.0863
March 0.0873 0.0860 0.0867
April 0.0870 0.0852 0.0867
May 0.0872 0.0847 0.0860
June 0.0873 0.0846 0.0864
July 0.0873 0.0854 0.0868
August 0.0866 0.0844 0.0853
September 0.0849 0.0837 0.0844
October 0.0848 0.0833 0.0843
November 0.0862 0.0843 0.0854
December 0.0862 0.0852 0.0857