2023 BTN to MGA Historical Review

YEARLY HIGH

55.7193 MGA

YEARLY LOW

51.7029 MGA

YEARLY AVERAGE

53.9042 MGA

2023 BTN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 55.7193. Conversely, the yearly low was recorded on February 22, dropping to 51.7029.

This high-to-low spread represents a total annual volatility of 4.0164 MGA. From a start-to-finish perspective, comparing the January average rate of 53.7557 to the December average rate of 54.9968, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55.7193 was up 2.71% compared to the 2022 peak of 54.2504, 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 278,596 MGA

2022 Average 262,796 MGA

Yearly Trough Low 258,514 MGA

Transaction Impact: A difference of 20,082.11 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55.2925

51.7442

JanuMarcMayJulySeptNove

BTN to MGA 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 53.2715, compared to 54.5369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2653 points.

H1 Avg (Jan–Jun) 53.2715

H2 Avg (Jul–Dec) 54.5369

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5316 MGA (High: 55.7193 / Low: 52.1877). On the other end, October was the most stable month, with a tight range of 0.4988 MGA (High: 54.6795 / Low: 54.1807).

January Spread (Volatile) ±3.5316

October Spread (Stable) ±0.4988

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 January and February, when the average rate fell by 1.7159 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.7159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 53.7557) against the same month in 2022 (average: 53.4818), the exchange rate shifted by +0.2739 (+0.51%).

2023 Avg (January) 53.7557

2022 Avg (January) 53.4818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.7193	52.1877	53.7557
February	52.3046	51.7029	52.0399
March	53.1111	51.9861	52.4283
April	54.0141	52.6628	53.4562
May	53.9150	53.1512	53.4910
June	55.4161	53.1867	54.4581
July	55.5619	54.0490	54.8170
August	54.7963	53.6939	54.3622
September	54.7652	53.8658	54.3287
October	54.6795	54.1807	54.4548
November	54.5176	53.8488	54.2617
December	55.4164	54.0214	54.9968