2023 BTN to GMD Historical Review

YEARLY HIGH

0.8117 GMD

YEARLY LOW

0.7193 GMD

YEARLY AVERAGE

0.7545 GMD

2023 BTN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.8117. Conversely, the yearly low was recorded on June 12, dropping to 0.7193.

This high-to-low spread represents a total annual volatility of 0.0924 GMD. From a start-to-finish perspective, comparing the January average rate of 0.7581 to the December average rate of 0.8083, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8117 was up 5.74% compared to the 2022 peak of 0.7676, 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 4,058 GMD

2022 Average 3,524 GMD

Yearly Trough Low 3,596 GMD

Transaction Impact: A difference of 461.98 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8168

0.7153

JanuMarcMayJulySeptNove

BTN to GMD 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 0.7417, compared to 0.7674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 0.7417

H2 Avg (Jul–Dec) 0.7674

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0557 GMD (High: 0.7822 / Low: 0.7265). On the other end, December was the most stable month, with a tight range of 0.0089 GMD (High: 0.8116 / Low: 0.8027).

September Spread (Volatile) ±0.0557

December Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0288 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.8041) against the same month in 2022 (average: 0.7493), the exchange rate shifted by +0.0548 (+7.31%).

2023 Avg (November) 0.8041

2022 Avg (November) 0.7493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7684	0.7476	0.7581
February	0.7515	0.7362	0.7398
March	0.7577	0.7377	0.7467
April	0.7661	0.7329	0.7552
May	0.7371	0.7195	0.7265
June	0.7303	0.7193	0.7237
July	0.7308	0.7204	0.7265
August	0.7373	0.7261	0.7316
September	0.7822	0.7265	0.7447
October	0.7943	0.7735	0.7891
November	0.8117	0.7806	0.8041
December	0.8116	0.8027	0.8083