2023 BTN to NZD Historical Review

YEARLY HIGH

0.0208 NZD

YEARLY LOW

0.0187 NZD

YEARLY AVERAGE

0.0197 NZD

2023 BTN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0208. Conversely, the yearly low was recorded on February 1, dropping to 0.0187.

This high-to-low spread represents a total annual volatility of 0.0020 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0191 to the December average rate of 0.0193, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0208 was down 5.31% compared to the 2022 peak of 0.0219, 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 104 NZD

2022 Average 100 NZD

Yearly Trough Low 94 NZD

Transaction Impact: A difference of 10.17 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0205

0.0189

JanuMarcMayJulySeptNove

BTN to NZD 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 0.0195, compared to 0.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0195

H2 Avg (Jul–Dec) 0.0200

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0011 NZD (High: 0.0200 / Low: 0.0189). On the other end, September was the most stable month, with a tight range of 0.0005 NZD (High: 0.0205 / Low: 0.0200).

July Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0204) against the same month in 2022 (average: 0.0214), the exchange rate shifted by -0.0010 (-4.49%).

2023 Avg (October) 0.0204

2022 Avg (October) 0.0214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0194	0.0189	0.0191
February	0.0197	0.0187	0.0193
March	0.0201	0.0194	0.0196
April	0.0201	0.0192	0.0197
May	0.0201	0.0191	0.0196
June	0.0201	0.0195	0.0198
July	0.0200	0.0189	0.0196
August	0.0205	0.0198	0.0202
September	0.0205	0.0200	0.0203
October	0.0208	0.0199	0.0204
November	0.0205	0.0195	0.0200
December	0.0196	0.0189	0.0193