2023 HKD to BTN Historical Review

YEARLY HIGH

10.7037 BTN

YEARLY LOW

10.2839 BTN

YEARLY AVERAGE

10.5437 BTN

2023 HKD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 10.7037. Conversely, the yearly low was recorded on April 30, dropping to 10.2839.

This high-to-low spread represents a total annual volatility of 0.4199 BTN. From a start-to-finish perspective, comparing the January average rate of 10.4632 to the December average rate of 10.6693, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.7037 was up 0.26% compared to the 2022 peak of 10.6761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 267,594 BTN

2022 Average 250,875 BTN

Yearly Trough Low 257,097 BTN

Transaction Impact: A difference of 10,497.01 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.6929

10.4094

JanuMarcMayJulySeptNove

HKD 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 10.4815, compared to 10.6060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1245 points.

H1 Avg (Jan–Jun) 10.4815

H2 Avg (Jul–Dec) 10.6060

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2569 BTN (High: 10.6141 / Low: 10.3572). On the other end, December was the most stable month, with a tight range of 0.0643 BTN (High: 10.7037 / Low: 10.6394).

January Spread (Volatile) ±0.2569

December Spread (Stable) ±0.0643

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0516 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.6693) against the same month in 2022 (average: 10.5865), the exchange rate shifted by +0.0828 (+0.78%).

2023 Avg (December) 10.6693

2022 Avg (December) 10.5865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6141	10.3572	10.4632
February	10.5767	10.4269	10.5256
March	10.5557	10.3732	10.4740
April	10.4950	10.2839	10.4330
May	10.5837	10.4005	10.4997
June	10.5526	10.4046	10.4934
July	10.5845	10.3972	10.5022
August	10.6580	10.5217	10.5805
September	10.6498	10.5495	10.6010
October	10.6531	10.5792	10.6259
November	10.7037	10.5495	10.6571
December	10.7037	10.6394	10.6693