2023 INR to BTN Historical Review

YEARLY HIGH

1.0123 BTN

YEARLY LOW

0.9866 BTN

YEARLY AVERAGE

0.9997 BTN

2023 INR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 1.0123. Conversely, the yearly low was recorded on March 19, dropping to 0.9866.

This high-to-low spread represents a total annual volatility of 0.0257 BTN. From a start-to-finish perspective, comparing the January average rate of 1.0012 to the December average rate of 1.0009, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0123 was down 0.32% compared to the 2022 peak of 1.0155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 253,070 BTN

2022 Average 249,936 BTN

Yearly Trough Low 246,652 BTN

Transaction Impact: A difference of 6,417.75 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0014

0.9987

JanuMarcMayJulySeptNove

INR 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 0.9999, compared to 0.9995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.9999

H2 Avg (Jul–Dec) 0.9995

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0257 BTN (High: 1.0123 / Low: 0.9866). On the other end, October was the most stable month, with a tight range of 0.0067 BTN (High: 1.0023 / Low: 0.9956).

March Spread (Volatile) ±0.0257

October Spread (Stable) ±0.0067

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 January and February, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9996) against the same month in 2022 (average: 0.9997), the exchange rate shifted by -0.0001 (-0.01%).

2023 Avg (March) 0.9996

2022 Avg (March) 0.9997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0053	0.9972	1.0012
February	1.0032	0.9919	0.9995
March	1.0123	0.9866	0.9996
April	1.0026	0.9875	0.9993
May	1.0041	0.9944	0.9996
June	1.0045	0.9937	1.0002
July	1.0092	0.9926	0.9989
August	1.0032	0.9940	0.9996
September	1.0036	0.9957	0.9995
October	1.0023	0.9956	0.9991
November	1.0025	0.9926	0.9991
December	1.0088	0.9975	1.0009