2023 MDL to BTN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MDL to BTN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MDL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 4.8335. Conversely, the yearly low was recorded on January 15, dropping to 4.2530.
This high-to-low spread represents a total annual volatility of 0.5805 BTN. From a start-to-finish perspective, comparing the January average rate of 4.3087 to the December average rate of 4.7330, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4.8335 was up 11.56% compared to the 2022 peak of 4.3325, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MDL 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 4.4819, compared to 4.6454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1635 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 0.2706 BTN (High: 4.7408 / Low: 4.4702). On the other end, October was the most stable month, with a tight range of 0.0719 BTN (High: 4.6267 / Low: 4.5547).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0660 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 4.7330) against the same month in 2022 (average: 4.2673), the exchange rate shifted by +0.4657 (+10.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.3759 | 4.2530 | 4.3087 |
| February | 4.4301 | 4.3547 | 4.4001 |
| March | 4.4820 | 4.3540 | 4.4186 |
| April | 4.5855 | 4.4816 | 4.5403 |
| May | 4.6857 | 4.5531 | 4.6315 |
| June | 4.6573 | 4.4820 | 4.5922 |
| July | 4.7408 | 4.4702 | 4.5891 |
| August | 4.7649 | 4.6368 | 4.6843 |
| September | 4.6790 | 4.5503 | 4.6183 |
| October | 4.6267 | 4.5547 | 4.5861 |
| November | 4.7200 | 4.5878 | 4.6616 |
| December | 4.8335 | 4.6490 | 4.7330 |