2023 FKP to BTN Historical Review

YEARLY HIGH

108.6863 BTN

YEARLY LOW

96.4538 BTN

YEARLY AVERAGE

102.6617 BTN

2023 FKP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 108.6863. Conversely, the yearly low was recorded on March 7, dropping to 96.4538.

This high-to-low spread represents a total annual volatility of 12.2325 BTN. From a start-to-finish perspective, comparing the January average rate of 100.1801 to the December average rate of 105.5371, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 108.6863 was up 6.01% compared to the 2022 peak of 102.5227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 543,432 BTN

2022 Average 485,076 BTN

Yearly Trough Low 482,269 BTN

Transaction Impact: A difference of 61,162.32 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

106.3483

99.0327

JanuMarcMayJulySeptNove

FKP 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 101.3456, compared to 103.9777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6321 points.

H1 Avg (Jan–Jun) 101.3456

H2 Avg (Jul–Dec) 103.9777

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.3171 BTN (High: 101.7709 / Low: 96.4538). On the other end, May was the most stable month, with a tight range of 1.8654 BTN (High: 103.7202 / Low: 101.8548).

March Spread (Volatile) ±5.3171

May Spread (Stable) ±1.8654

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.3533 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.3533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 105.7386) against the same month in 2022 (average: 95.4898), the exchange rate shifted by +10.2489 (+10.73%).

2023 Avg (July) 105.7386

2022 Avg (July) 95.4898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	101.2916	98.5440	100.1801
February	101.5452	98.5852	99.6424
March	101.7709	96.4538	99.7960
April	102.9038	100.7807	101.9243
May	103.7202	101.8548	102.6664
June	105.0937	102.4641	103.8648
July	108.6863	103.4473	105.7386
August	105.9655	103.9236	105.1768
September	104.5876	101.0627	102.8236
October	102.4707	100.5321	101.1980
November	105.8792	101.2931	103.3923
December	106.6801	104.6436	105.5371