2023 BTN to NAD Historical Review

YEARLY HIGH

0.2432 NAD

YEARLY LOW

0.2041 NAD

YEARLY AVERAGE

0.2241 NAD

2023 BTN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.2432. Conversely, the yearly low was recorded on January 5, dropping to 0.2041.

This high-to-low spread represents a total annual volatility of 0.0391 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2088 to the December average rate of 0.2243, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2432 was up 8.66% compared to the 2022 peak of 0.2239, 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 1,216 NAD

2022 Average 1,037 NAD

Yearly Trough Low 1,021 NAD

Transaction Impact: A difference of 195.63 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2343

0.2064

JanuMarcMayJulySeptNove

BTN to NAD 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 0.2216, compared to 0.2266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.2216

H2 Avg (Jul–Dec) 0.2266

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0212 NAD (High: 0.2401 / Low: 0.2189). On the other end, September was the most stable month, with a tight range of 0.0058 NAD (High: 0.2314 / Low: 0.2256).

November Spread (Volatile) ±0.0212

September Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2316) against the same month in 2022 (average: 0.2199), the exchange rate shifted by +0.0117 (+5.30%).

2023 Avg (October) 0.2316

2022 Avg (October) 0.2199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2129	0.2041	0.2088
February	0.2229	0.2063	0.2165
March	0.2279	0.2180	0.2223
April	0.2267	0.2161	0.2220
May	0.2385	0.2234	0.2319
June	0.2386	0.2218	0.2279
July	0.2305	0.2151	0.2223
August	0.2389	0.2210	0.2276
September	0.2314	0.2256	0.2286
October	0.2432	0.2254	0.2316
November	0.2401	0.2189	0.2254
December	0.2298	0.2190	0.2243