YEARLY HIGH
107.9340 GNF
YEARLY LOW
102.7749 GNF
YEARLY AVERAGE
104.4133 GNF

2023 BTN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 107.9340. Conversely, the yearly low was recorded on December 26, dropping to 102.7749.

This high-to-low spread represents a total annual volatility of 5.1591 GNF. From a start-to-finish perspective, comparing the January average rate of 105.9209 to the December average rate of 103.2386, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 107.9340 was down 14.06% compared to the 2022 peak of 125.5865, 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 539,670 GNF
2022 Average 561,332 GNF
Yearly Trough Low 513,874 GNF
Transaction Impact: A difference of 25,795.60 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

106.1892
102.9703
JanuMarcMayJulySeptNove

BTN to GNF 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: JanтАУJun) was 105.0724, compared to 103.7543 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 1.3181 points.

H1 Avg (JanтАУJun) 105.0724
H2 Avg (JulтАУDec) 103.7543

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.8007 GNF (High: 107.9340 / Low: 104.1333). On the other end, December was the most stable month, with a tight range of 0.8134 GNF (High: 103.5883 / Low: 102.7749).

January Spread (Volatile) ┬▒3.8007
December Spread (Stable) ┬▒0.8134

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 January and February, when the average rate fell by 1.2491 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.2491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 105.9209) against the same month in 2022 (average: 122.2393), the exchange rate shifted by -16.3183 (-13.35%).

2023 Avg (January) 105.9209
2022 Avg (January) 122.2393

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 107.9340 104.1333 105.9209
February 106.7407 103.0194 104.6719
March 106.4883 104.1331 105.0600
April 105.7850 104.2910 105.0175
May 105.7769 104.0617 104.8154
June 105.7371 103.9683 104.9485
July 105.5570 104.1299 104.8369
August 105.2075 103.3698 103.9876
September 104.4259 103.1696 103.6618
October 104.0806 103.1125 103.4334
November 103.8642 103.0414 103.3671
December 103.5883 102.7749 103.2386