2023 BTN to HKD Historical Review

YEARLY HIGH

0.0972 HKD

YEARLY LOW

0.0934 HKD

YEARLY AVERAGE

0.0948 HKD

2023 BTN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0972. Conversely, the yearly low was recorded on December 28, dropping to 0.0934.

This high-to-low spread represents a total annual volatility of 0.0038 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0956 to the December average rate of 0.0937, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0972 was down 7.84% compared to the 2022 peak of 0.1055, 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 486 HKD

2022 Average 499 HKD

Yearly Trough Low 467 HKD

Transaction Impact: A difference of 19.07 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0961

0.0935

JanuMarcMayJulySeptNove

BTN to HKD 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 0.0954, compared to 0.0943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0954

H2 Avg (Jul–Dec) 0.0943

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0023 HKD (High: 0.0966 / Low: 0.0942). On the other end, December was the most stable month, with a tight range of 0.0006 HKD (High: 0.0940 / Low: 0.0934).

January Spread (Volatile) ±0.0023

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and April, 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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0959) against the same month in 2022 (average: 0.1029), the exchange rate shifted by -0.0070 (-6.84%).

2023 Avg (April) 0.0959

2022 Avg (April) 0.1029

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0966	0.0942	0.0956
February	0.0959	0.0945	0.0950
March	0.0964	0.0947	0.0955
April	0.0972	0.0953	0.0959
May	0.0961	0.0945	0.0952
June	0.0961	0.0948	0.0953
July	0.0962	0.0945	0.0952
August	0.0950	0.0938	0.0945
September	0.0948	0.0939	0.0943
October	0.0945	0.0939	0.0941
November	0.0948	0.0934	0.0938
December	0.0940	0.0934	0.0937