2023 BTN to RUB Historical Review

YEARLY HIGH

1.2190 RUB

YEARLY LOW

0.8142 RUB

YEARLY AVERAGE

1.0346 RUB

2023 BTN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.2190. Conversely, the yearly low was recorded on January 15, dropping to 0.8142.

This high-to-low spread represents a total annual volatility of 0.4048 RUB. From a start-to-finish perspective, comparing the January average rate of 0.8550 to the December average rate of 1.0929, the exchange rate registered a net change of 27.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2190 was down 34.40% compared to the 2022 peak of 1.8581, 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 6,095 RUB

2022 Average 4,470 RUB

Yearly Trough Low 4,071 RUB

Transaction Impact: A difference of 2,024.02 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1985

0.8238

JanuMarcMayJulySeptNove

BTN to RUB 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 0.9400, compared to 1.1292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1892 points.

H1 Avg (Jan–Jun) 0.9400

H2 Avg (Jul–Dec) 1.1292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1046 RUB (High: 1.0830 / Low: 0.9784). On the other end, March was the most stable month, with a tight range of 0.0338 RUB (High: 0.9454 / Low: 0.9116).

June Spread (Volatile) ±0.1046

March Spread (Stable) ±0.0338

Growth Streaks & Declines

Trends

Between May and October, 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 October and November, when the average rate fell by 0.0784 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.1673) against the same month in 2022 (average: 0.7517), the exchange rate shifted by +0.4156 (+55.29%).

2023 Avg (October) 1.1673

2022 Avg (October) 0.7517

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8925	0.8142	0.8550
February	0.9191	0.8530	0.8902
March	0.9454	0.9116	0.9287
April	1.0018	0.9451	0.9891
May	0.9881	0.9271	0.9620
June	1.0830	0.9784	1.0149
July	1.1241	1.0793	1.1036
August	1.2070	1.1228	1.1573
September	1.1847	1.1430	1.1653
October	1.2190	1.1174	1.1673
November	1.1225	1.0591	1.0888
December	1.1161	1.0581	1.0929