2023 EUR to BTN Historical Review

YEARLY HIGH

92.9169 BTN

YEARLY LOW

86.0291 BTN

YEARLY AVERAGE

89.3388 BTN

2023 EUR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 92.9169. Conversely, the yearly low was recorded on March 7, dropping to 86.0291.

This high-to-low spread represents a total annual volatility of 6.8877 BTN. From a start-to-finish perspective, comparing the January average rate of 88.2657 to the December average rate of 91.0159, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 92.9169 was up 4.90% compared to the 2022 peak of 88.5795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 464,584 BTN

2022 Average 413,500 BTN

Yearly Trough Low 430,146 BTN

Transaction Impact: A difference of 34,438.68 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

91.3320

87.5387

JanuMarcMayJulySeptNove

EUR 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 88.8988, compared to 89.7788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8800 points.

H1 Avg (Jan–Jun) 88.8988

H2 Avg (Jul–Dec) 89.7788

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 4.0108 BTN (High: 92.9169 / Low: 88.9061). On the other end, October was the most stable month, with a tight range of 1.5649 BTN (High: 88.7158 / Low: 87.1509).

July Spread (Volatile) ±4.0108

October Spread (Stable) ±1.5649

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 1.7056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.7056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 90.7913) against the same month in 2022 (average: 81.0641), the exchange rate shifted by +9.7272 (+12.00%).

2023 Avg (July) 90.7913

2022 Avg (July) 81.0641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	89.1290	87.0523	88.2657
February	90.2747	87.2830	88.3939
March	89.8119	86.0291	88.0894
April	91.1015	88.6045	89.9931
May	91.9986	88.4192	89.5253
June	90.1145	88.1587	89.1251
July	92.9169	88.9061	90.7913
August	91.3169	89.1216	90.3452
September	89.2854	87.5060	88.6396
October	88.7158	87.1509	87.8548
November	91.6473	88.1679	90.0258
December	92.5851	89.8321	91.0159