2023 BTN to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BTN to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BTN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 256.0349. Conversely, the yearly low was recorded on February 15, dropping to 212.8554.
This high-to-low spread represents a total annual volatility of 43.1795 SLL. From a start-to-finish perspective, comparing the January average rate of 215.9021 to the December average rate of 251.6687, the exchange rate registered a net change of 16.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 256.0349 was up 16.21% compared to the 2022 peak of 220.3184, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BTN to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 214.9991, compared to 247.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.0221 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 42.6571 SLL (High: 256.0349 / Low: 213.3777). On the other end, October was the most stable month, with a tight range of 1.3418 SLL (High: 253.0842 / Low: 251.7423).
Growth Streaks & Declines
TrendsBetween May and August, 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 January and February, when the average rate fell by 2.0214 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 220.3646) against the same month in 2022 (average: 170.1193), the exchange rate shifted by +50.2453 (+29.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 217.9080 | 213.0018 | 215.9021 |
| February | 215.8823 | 212.8554 | 213.8807 |
| March | 216.9338 | 213.2235 | 214.8832 |
| April | 218.8244 | 214.4418 | 215.7089 |
| May | 216.3718 | 213.2654 | 214.6834 |
| June | 216.8305 | 213.6801 | 214.9362 |
| July | 256.0349 | 213.3777 | 220.3646 |
| August | 255.1648 | 251.4642 | 253.2295 |
| September | 253.8235 | 251.7440 | 252.6233 |
| October | 253.0842 | 251.7423 | 252.1878 |
| November | 254.0408 | 251.4324 | 252.0536 |
| December | 252.5285 | 250.7799 | 251.6687 |