2023 BTN to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BTN to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BTN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 282.7312. Conversely, the yearly low was recorded on December 28, dropping to 266.4740.
This high-to-low spread represents a total annual volatility of 16.2571 STD. From a start-to-finish perspective, comparing the January average rate of 278.9555 to the December average rate of 267.4185, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 282.7312 was down 5.41% compared to the 2022 peak of 298.8919, 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 STD 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 277.7887, compared to 269.6461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.1426 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 9.4113 STD (High: 280.0947 / Low: 270.6833). On the other end, October was the most stable month, with a tight range of 1.4258 STD (High: 268.9225 / Low: 267.4967).
Growth Streaks & Declines
TrendsBetween February and April, 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 July and August, when the average rate fell by 8.0741 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 278.7058) against the same month in 2022 (average: 283.7406), the exchange rate shifted by -5.0348 (-1.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 281.5471 | 275.2081 | 278.9555 |
| February | 278.9298 | 275.0189 | 276.3437 |
| March | 280.2885 | 275.4945 | 277.6390 |
| April | 282.7312 | 277.0686 | 278.7058 |
| May | 279.5623 | 275.5487 | 277.3808 |
| June | 280.1550 | 276.0845 | 277.7074 |
| July | 280.0947 | 270.6833 | 277.1510 |
| August | 271.1334 | 267.2012 | 269.0769 |
| September | 269.7081 | 267.4984 | 268.4328 |
| October | 268.9225 | 267.4967 | 267.9700 |
| November | 269.9390 | 267.1674 | 267.8275 |
| December | 268.3321 | 266.4740 | 267.4185 |