2023 LRD to BTN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |