2023 CVE to BTN Historical Review

YEARLY HIGH

0.8389 BTN

YEARLY LOW

0.7842 BTN

YEARLY AVERAGE

0.8087 BTN

2023 CVE to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.8389. Conversely, the yearly low was recorded on March 8, dropping to 0.7842.

This high-to-low spread represents a total annual volatility of 0.0547 BTN. From a start-to-finish perspective, comparing the January average rate of 0.7984 to the December average rate of 0.8237, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8389 was up 4.95% compared to the 2022 peak of 0.7993, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 4,195 BTN

2022 Average 3,741 BTN

Yearly Trough Low 3,921 BTN

Transaction Impact: A difference of 273.64 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8264

0.7931

JanuMarcMayJulySeptNove

CVE to BTN 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 0.8043, compared to 0.8131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.8043

H2 Avg (Jul–Dec) 0.8131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0339 BTN (High: 0.8280 / Low: 0.7941). On the other end, October was the most stable month, with a tight range of 0.0128 BTN (High: 0.8012 / Low: 0.7884).

November Spread (Volatile) ±0.0339

October Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0152 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8225) against the same month in 2022 (average: 0.7393), the exchange rate shifted by +0.0832 (+11.25%).

2023 Avg (July) 0.8225

2022 Avg (July) 0.7393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8054	0.7887	0.7984
February	0.8111	0.7935	0.8014
March	0.8110	0.7842	0.7977
April	0.8243	0.8039	0.8133
May	0.8178	0.7996	0.8095
June	0.8130	0.7863	0.8055
July	0.8389	0.8072	0.8225
August	0.8283	0.8100	0.8190
September	0.8140	0.7940	0.8038
October	0.8012	0.7884	0.7959
November	0.8280	0.7941	0.8138
December	0.8373	0.8059	0.8237