2023 FJD to BTN Historical Review

YEARLY HIGH

38.1448 BTN

YEARLY LOW

36.1590 BTN

YEARLY AVERAGE

37.0299 BTN

2023 FJD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 38.1448. Conversely, the yearly low was recorded on November 13, dropping to 36.1590.

This high-to-low spread represents a total annual volatility of 1.9858 BTN. From a start-to-finish perspective, comparing the January average rate of 37.5684 to the December average rate of 37.6129, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.1448 was up 0.92% compared to the 2022 peak of 37.7983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190,724 BTN

2022 Average 179,491 BTN

Yearly Trough Low 180,795 BTN

Transaction Impact: A difference of 9,928.88 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.7664

36.3277

JanuMarcMayJulySeptNove

FJD 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 37.1996, compared to 36.8602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3393 points.

H1 Avg (Jan–Jun) 37.1996

H2 Avg (Jul–Dec) 36.8602

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.3866 BTN (High: 37.9654 / Low: 36.5788). On the other end, September was the most stable month, with a tight range of 0.5652 BTN (High: 36.7926 / Low: 36.2274).

July Spread (Volatile) ±1.3866

September Spread (Stable) ±0.5652

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 February and March, when the average rate fell by 0.5813 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 37.6129) against the same month in 2022 (average: 37.3451), the exchange rate shifted by +0.2678 (+0.72%).

2023 Avg (December) 37.6129

2022 Avg (December) 37.3451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.9386	37.1751	37.5684
February	37.9896	37.1744	37.6465
March	37.3898	36.4535	37.0652
April	37.4821	36.3046	37.0038
May	37.4323	36.5888	36.9859
June	37.3916	36.2808	36.9277
July	37.9654	36.5788	37.0189
August	37.2724	36.1927	36.7067
September	36.7926	36.2274	36.5515
October	36.8600	36.1814	36.4476
November	37.4267	36.1590	36.8238
December	38.1448	37.1938	37.6129