2023 BTN to BGN Historical Review

YEARLY HIGH

0.0227 BGN

YEARLY LOW

0.0210 BGN

YEARLY AVERAGE

0.0219 BGN

2023 BTN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0227. Conversely, the yearly low was recorded on July 13, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0017 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0215, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0227 was down 9.12% compared to the 2022 peak of 0.0250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 BGN

2022 Average 118 BGN

Yearly Trough Low 105 BGN

Transaction Impact: A difference of 8.41 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0223

0.0214

JanuMarcMayJulySeptNove

BTN to BGN 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 0.0220, compared to 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0220

H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 BGN (High: 0.0220 / Low: 0.0210). On the other end, April was the most stable month, with a tight range of 0.0004 BGN (High: 0.0220 / Low: 0.0216).

July Spread (Volatile) ±0.0010

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0222) against the same month in 2022 (average: 0.0233), the exchange rate shifted by -0.0011 (-4.72%).

2023 Avg (March) 0.0222

2022 Avg (March) 0.0233

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.0225	0.0220	0.0222
February	0.0224	0.0218	0.0221
March	0.0227	0.0218	0.0222
April	0.0220	0.0216	0.0218
May	0.0221	0.0216	0.0219
June	0.0222	0.0217	0.0219
July	0.0220	0.0210	0.0215
August	0.0219	0.0214	0.0217
September	0.0224	0.0219	0.0221
October	0.0225	0.0221	0.0223
November	0.0222	0.0214	0.0217
December	0.0218	0.0211	0.0215

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा