2023 GMD to BTN Historical Review

YEARLY HIGH

1.3903 BTN

YEARLY LOW

1.2320 BTN

YEARLY AVERAGE

1.3274 BTN

2023 GMD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 1.3903. Conversely, the yearly low was recorded on November 19, dropping to 1.2320.

This high-to-low spread represents a total annual volatility of 0.1583 BTN. From a start-to-finish perspective, comparing the January average rate of 1.3192 to the December average rate of 1.2371, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3903 was down 6.68% compared to the 2022 peak of 1.4898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,952 BTN

2022 Average 7,102 BTN

Yearly Trough Low 6,160 BTN

Transaction Impact: A difference of 791.33 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3962

1.2226

JanuMarcMayJulySeptNove

GMD 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 1.3488, compared to 1.3059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0429 points.

H1 Avg (Jan–Jun) 1.3488

H2 Avg (Jul–Dec) 1.3059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0981 BTN (High: 1.3764 / Low: 1.2784). On the other end, December was the most stable month, with a tight range of 0.0137 BTN (High: 1.2457 / Low: 1.2321).

September Spread (Volatile) ±0.0981

December Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0766 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0766

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.3818) against the same month in 2022 (average: 1.4433), the exchange rate shifted by -0.0615 (-4.26%).

2023 Avg (June) 1.3818

2022 Avg (June) 1.4433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3376	1.3015	1.3192
February	1.3583	1.3307	1.3518
March	1.3556	1.3198	1.3392
April	1.3644	1.3053	1.3243
May	1.3898	1.3567	1.3766
June	1.3903	1.3692	1.3818
July	1.3882	1.3684	1.3765
August	1.3773	1.3562	1.3669
September	1.3764	1.2784	1.3439
October	1.2928	1.2590	1.2673
November	1.2811	1.2320	1.2439
December	1.2457	1.2321	1.2371