YEARLY HIGH
112.3661 BTN
YEARLY LOW
103.0269 BTN
YEARLY AVERAGE
106.9121 BTN

2024 FKP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 112.3661. Conversely, the yearly low was recorded on April 20, dropping to 103.0269.

This high-to-low spread represents a total annual volatility of 9.3391 BTN. From a start-to-finish perspective, comparing the January average rate of 105.6061 to the December average rate of 107.3277, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 112.3661 was up 3.39% compared to the 2023 peak of 108.6863, 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 561,830 BTN
2023 Average 513,414 BTN
Yearly Trough Low 515,135 BTN
Transaction Impact: A difference of 46,695.64 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

111.4548
103.6120
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 105.2555, compared to 108.5687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3132 points.

H1 Avg (Jan–Jun) 105.2555
H2 Avg (Jul–Dec) 108.5687

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 5.1407 BTN (High: 111.2514 / Low: 106.1108). On the other end, January was the most stable month, with a tight range of 1.0701 BTN (High: 106.1747 / Low: 105.1046).

August Spread (Volatile) ±5.1407
January Spread (Stable) ±1.0701

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 2.1531 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.1531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 110.8012) against the same month in 2023 (average: 102.8236), the exchange rate shifted by +7.9777 (+7.76%).

2024 Avg (September) 110.8012
2023 Avg (September) 102.8236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.1747 105.1046 105.6061
February 105.6589 104.2158 104.8249
March 106.4001 104.6008 105.4411
April 105.4892 103.0269 104.2655
May 106.2742 104.3614 105.3249
June 106.8905 105.2955 106.0703
July 108.6430 105.5710 107.5512
August 111.2514 106.1108 108.5217
September 112.3661 109.4225 110.8012
October 111.3537 108.2871 109.6818
November 109.7313 105.6785 107.5287
December 108.5054 106.3559 107.3277