YEARLY HIGH
0.5386 BTN
YEARLY LOW
0.4401 BTN
YEARLY AVERAGE
0.4753 BTN

2023 LRD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.5386. Conversely, the yearly low was recorded on November 5, dropping to 0.4401.

This high-to-low spread represents a total annual volatility of 0.0985 BTN. From a start-to-finish perspective, comparing the January average rate of 0.5267 to the December average rate of 0.4427, the exchange rate registered a net change of -15.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5386 was down 0.28% compared to the 2022 peak of 0.5402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,693 BTN
2022 Average 2,570 BTN
Yearly Trough Low 2,201 BTN
Transaction Impact: A difference of 492.58 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5365
0.4341
JanuMarcMayJulySeptNove

LRD 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 0.5060, compared to 0.4446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 0.5060
H2 Avg (Jul–Dec) 0.4446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0334 BTN (High: 0.4887 / Low: 0.4552). On the other end, October was the most stable month, with a tight range of 0.0026 BTN (High: 0.4463 / Low: 0.4437).

June Spread (Volatile) ±0.0334
October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0239 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5279) against the same month in 2022 (average: 0.4876), the exchange rate shifted by +0.0404 (+8.28%).

2023 Avg (February) 0.5279
2022 Avg (February) 0.4876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5368 0.5190 0.5267
February 0.5386 0.5198 0.5279
March 0.5373 0.5054 0.5156
April 0.5074 0.4885 0.5021
May 0.4952 0.4889 0.4928
June 0.4887 0.4552 0.4709
July 0.4554 0.4403 0.4469
August 0.4477 0.4406 0.4445
September 0.4473 0.4432 0.4454
October 0.4463 0.4437 0.4449
November 0.4443 0.4401 0.4430
December 0.4450 0.4411 0.4427