2023 BTN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BTN to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BTN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 31.1239. Conversely, the yearly low was recorded on December 28, dropping to 30.0480.
This high-to-low spread represents a total annual volatility of 1.0758 SYP. From a start-to-finish perspective, comparing the January average rate of 30.7082 to the December average rate of 30.1545, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 31.1239 was down 8.50% compared to the 2022 peak of 34.0139, 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 SYP 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 30.5798, compared to 30.2976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 0.6978 SYP (High: 30.9935 / Low: 30.2957). On the other end, October was the most stable month, with a tight range of 0.1608 SYP (High: 30.3241 / Low: 30.1633).
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 January and February, when the average rate fell by 0.2875 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 30.6807) against the same month in 2022 (average: 32.9644), the exchange rate shifted by -2.2837 (-6.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.9935 | 30.2957 | 30.7082 |
| February | 30.7054 | 30.2749 | 30.4207 |
| March | 30.8550 | 30.3272 | 30.5633 |
| April | 31.1239 | 30.5005 | 30.6807 |
| May | 30.7750 | 30.3332 | 30.5349 |
| June | 30.8403 | 30.3922 | 30.5708 |
| July | 30.8336 | 30.3492 | 30.6035 |
| August | 30.5734 | 30.1300 | 30.3415 |
| September | 30.4127 | 30.1635 | 30.2689 |
| October | 30.3241 | 30.1633 | 30.2167 |
| November | 30.4387 | 30.1262 | 30.2006 |
| December | 30.2575 | 30.0480 | 30.1545 |