2023 BTN to TWD Historical Review

YEARLY HIGH

0.3911 TWD

YEARLY LOW

0.3617 TWD

YEARLY AVERAGE

0.3773 TWD

2023 BTN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.3911. Conversely, the yearly low was recorded on February 2, dropping to 0.3617.

This high-to-low spread represents a total annual volatility of 0.0294 TWD. From a start-to-finish perspective, comparing the January average rate of 0.3714 to the December average rate of 0.3746, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3911 was down 1.31% compared to the 2022 peak of 0.3963, 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 1,955 TWD

2022 Average 1,895 TWD

Yearly Trough Low 1,808 TWD

Transaction Impact: A difference of 147.08 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3904

0.3644

JanuMarcMayJulySeptNove

BTN to TWD 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 0.3718, compared to 0.3827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.3718

H2 Avg (Jul–Dec) 0.3827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0142 TWD (High: 0.3899 / Low: 0.3757). On the other end, August was the most stable month, with a tight range of 0.0035 TWD (High: 0.3857 / Low: 0.3822).

November Spread (Volatile) ±0.0142

August Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between May and October, 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 November and December, when the average rate fell by 0.0088 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3882) against the same month in 2022 (average: 0.3882), the exchange rate shifted by +0.0001 (+0.03%).

2023 Avg (October) 0.3882

2022 Avg (October) 0.3882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3738	0.3664	0.3714
February	0.3710	0.3617	0.3665
March	0.3780	0.3675	0.3717
April	0.3810	0.3693	0.3732
May	0.3766	0.3698	0.3731
June	0.3806	0.3703	0.3749
July	0.3830	0.3743	0.3799
August	0.3857	0.3822	0.3842
September	0.3888	0.3836	0.3858
October	0.3911	0.3847	0.3882
November	0.3899	0.3757	0.3834
December	0.3785	0.3673	0.3746

૨૦૨૫ BTN થી TWD ઐતિહાસિક સમીક્ષા