YEARLY HIGH
0.0277 FJD
YEARLY LOW
0.0262 FJD
YEARLY AVERAGE
0.0270 FJD

2023 BTN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0277. Conversely, the yearly low was recorded on December 28, dropping to 0.0262.

This high-to-low spread represents a total annual volatility of 0.0014 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0266 to the December average rate of 0.0266, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0277 was down 4.56% compared to the 2022 peak of 0.0290, 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 138 FJD
2022 Average 139 FJD
Yearly Trough Low 131 FJD
Transaction Impact: A difference of 7.20 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0275
0.0265
JanuMarcMayJulySeptNove

BTN to FJD 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 0.0269, compared to 0.0271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0269
H2 Avg (Jul–Dec) 0.0271

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 FJD (High: 0.0273 / Low: 0.0263). On the other end, September was the most stable month, with a tight range of 0.0004 FJD (High: 0.0276 / Low: 0.0272).

July Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0272) against the same month in 2022 (average: 0.0275), the exchange rate shifted by -0.0003 (-1.21%).

2023 Avg (November) 0.0272
2022 Avg (November) 0.0275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0269 0.0264 0.0266
February 0.0269 0.0263 0.0266
March 0.0274 0.0267 0.0270
April 0.0275 0.0267 0.0270
May 0.0273 0.0267 0.0270
June 0.0276 0.0267 0.0271
July 0.0273 0.0263 0.0270
August 0.0276 0.0268 0.0272
September 0.0276 0.0272 0.0274
October 0.0276 0.0271 0.0274
November 0.0277 0.0267 0.0272
December 0.0269 0.0262 0.0266