2023 CNY to BTN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CNY to BTN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CNY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 12.2027. Conversely, the yearly low was recorded on July 2, dropping to 11.2360.
This high-to-low spread represents a total annual volatility of 0.9667 BTN. From a start-to-finish perspective, comparing the January average rate of 12.0479 to the December average rate of 11.7053, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 12.2027 was up 0.34% compared to the 2022 peak of 12.1614, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CNY to BTN 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 11.8666, compared to 11.4882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3784 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 0.4136 BTN (High: 11.7736 / Low: 11.3600). On the other end, September was the most stable month, with a tight range of 0.1449 BTN (High: 11.4458 / Low: 11.3008).
Growth Streaks & Declines
TrendsBetween September and December, 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 May and June, when the average rate fell by 0.2865 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 12.0691) against the same month in 2022 (average: 11.8144), the exchange rate shifted by +0.2548 (+2.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.1605 | 11.9617 | 12.0479 |
| February | 12.2027 | 11.8897 | 12.0691 |
| March | 12.0422 | 11.7134 | 11.9273 |
| April | 11.9692 | 11.6791 | 11.8917 |
| May | 11.8750 | 11.6267 | 11.7751 |
| June | 11.6569 | 11.3007 | 11.4886 |
| July | 11.5854 | 11.2360 | 11.4243 |
| August | 11.5498 | 11.3355 | 11.4385 |
| September | 11.4458 | 11.3008 | 11.3822 |
| October | 11.6024 | 11.3404 | 11.4306 |
| November | 11.7736 | 11.3600 | 11.5482 |
| December | 11.7861 | 11.6147 | 11.7053 |