YEARLY HIGH
0.0226 BAM
YEARLY LOW
0.0211 BAM
YEARLY AVERAGE
0.0219 BAM

2023 BTN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0226. Conversely, the yearly low was recorded on December 28, dropping to 0.0211.

This high-to-low spread represents a total annual volatility of 0.0015 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0215, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0226 was down 9.32% compared to the 2022 peak of 0.0249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113 BAM
2022 Average 118 BAM
Yearly Trough Low 106 BAM
Transaction Impact: A difference of 7.38 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0223
0.0214
JanuMarcMayJulySeptNove

BTN to BAM 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 0.0220, compared to 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0220
H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0009 BAM (High: 0.0223 / Low: 0.0214). On the other end, April was the most stable month, with a tight range of 0.0004 BAM (High: 0.0219 / Low: 0.0215).

November Spread (Volatile) ±0.0009
April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0222) against the same month in 2022 (average: 0.0233), the exchange rate shifted by -0.0011 (-4.59%).

2023 Avg (March) 0.0222
2022 Avg (March) 0.0233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0226 0.0220 0.0222
February 0.0224 0.0216 0.0221
March 0.0226 0.0219 0.0222
April 0.0219 0.0215 0.0218
May 0.0221 0.0216 0.0219
June 0.0221 0.0217 0.0220
July 0.0220 0.0211 0.0215
August 0.0219 0.0214 0.0216
September 0.0223 0.0218 0.0220
October 0.0224 0.0220 0.0223
November 0.0223 0.0214 0.0218
December 0.0218 0.0211 0.0215