2023 BTN to MXN Historical Review

YEARLY HIGH

0.2361 MXN

YEARLY LOW

0.2023 MXN

YEARLY AVERAGE

0.2149 MXN

2023 BTN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2361. Conversely, the yearly low was recorded on August 27, dropping to 0.2023.

This high-to-low spread represents a total annual volatility of 0.0338 MXN. From a start-to-finish perspective, comparing the January average rate of 0.2318 to the December average rate of 0.2060, the exchange rate registered a net change of -11.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2361 was down 15.25% compared to the 2022 peak of 0.2786, 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 1,181 MXN

2022 Average 1,281 MXN

Yearly Trough Low 1,011 MXN

Transaction Impact: A difference of 169.06 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2344

0.2025

JanuMarcMayJulySeptNove

BTN to MXN 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 0.2211, compared to 0.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.2211

H2 Avg (Jul–Dec) 0.2087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0152 MXN (High: 0.2323 / Low: 0.2171). On the other end, April was the most stable month, with a tight range of 0.0045 MXN (High: 0.2235 / Low: 0.2191).

March Spread (Volatile) ±0.0152

April Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0087 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2318) against the same month in 2022 (average: 0.2755), the exchange rate shifted by -0.0437 (-15.87%).

2023 Avg (January) 0.2318

2022 Avg (January) 0.2755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2361	0.2280	0.2318
February	0.2319	0.2215	0.2252
March	0.2323	0.2171	0.2239
April	0.2235	0.2191	0.2206
May	0.2199	0.2119	0.2154
June	0.2134	0.2083	0.2098
July	0.2101	0.2035	0.2061
August	0.2096	0.2023	0.2051
September	0.2124	0.2052	0.2084
October	0.2206	0.2092	0.2175
November	0.2136	0.2054	0.2089
December	0.2095	0.2029	0.2060