YEARLY HIGH
0.1352 SEK
YEARLY LOW
0.1193 SEK
YEARLY AVERAGE
0.1286 SEK

2023 BTN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.1352. Conversely, the yearly low was recorded on December 27, dropping to 0.1193.

This high-to-low spread represents a total annual volatility of 0.0159 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1270 to the December average rate of 0.1229, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1352 was down 3.23% compared to the 2022 peak of 0.1397, 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 676 SEK
2022 Average 643 SEK
Yearly Trough Low 596 SEK
Transaction Impact: A difference of 79.58 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1347
0.1219
JanuMarcMayJulySeptNove

BTN to SEK 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 0.1277, compared to 0.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1277
H2 Avg (Jul–Dec) 0.1294

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0101 SEK (High: 0.1340 / Low: 0.1239). On the other end, June was the most stable month, with a tight range of 0.0034 SEK (High: 0.1325 / Low: 0.1291).

November Spread (Volatile) ±0.0101
June Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1326) against the same month in 2022 (average: 0.1353), the exchange rate shifted by -0.0027 (-1.97%).

2023 Avg (October) 0.1326
2022 Avg (October) 0.1353

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1292 0.1250 0.1270
February 0.1288 0.1251 0.1266
March 0.1316 0.1247 0.1278
April 0.1289 0.1248 0.1264
May 0.1314 0.1236 0.1274
June 0.1325 0.1291 0.1309
July 0.1333 0.1233 0.1282
August 0.1337 0.1278 0.1308
September 0.1349 0.1312 0.1336
October 0.1352 0.1306 0.1326
November 0.1340 0.1239 0.1284
December 0.1259 0.1193 0.1229