2023 BTN to SGD Historical Review

YEARLY HIGH

0.0166 SGD

YEARLY LOW

0.0158 SGD

YEARLY AVERAGE

0.0163 SGD

2023 BTN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0166. Conversely, the yearly low was recorded on December 28, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0008 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0162 to the December average rate of 0.0160, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0166 was down 9.46% compared to the 2022 peak of 0.0183, 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 83 SGD

2022 Average 88 SGD

Yearly Trough Low 79 SGD

Transaction Impact: A difference of 4.10 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0165

0.0159

JanuMarcMayJulySeptNove

BTN to SGD 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 0.0163, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0163

H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0006 SGD (High: 0.0166 / Low: 0.0160). On the other end, October was the most stable month, with a tight range of 0.0002 SGD (High: 0.0165 / Low: 0.0164).

July Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0163) against the same month in 2022 (average: 0.0178), the exchange rate shifted by -0.0015 (-8.51%).

2023 Avg (March) 0.0163

2022 Avg (March) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0163	0.0160	0.0162
February	0.0163	0.0159	0.0161
March	0.0166	0.0161	0.0163
April	0.0165	0.0161	0.0163
May	0.0164	0.0161	0.0163
June	0.0166	0.0163	0.0164
July	0.0166	0.0160	0.0163
August	0.0164	0.0162	0.0163
September	0.0165	0.0164	0.0164
October	0.0165	0.0164	0.0165
November	0.0164	0.0160	0.0162
December	0.0161	0.0158	0.0160