2023 NZD to BTN Historical Review

YEARLY HIGH

53.4088 BTN

YEARLY LOW

48.1751 BTN

YEARLY AVERAGE

50.6989 BTN

2023 NZD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 53.4088. Conversely, the yearly low was recorded on October 25, dropping to 48.1751.

This high-to-low spread represents a total annual volatility of 5.2337 BTN. From a start-to-finish perspective, comparing the January average rate of 52.4114 to the December average rate of 51.9000, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 53.4088 was up 0.19% compared to the 2022 peak of 53.3076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267,044 BTN

2022 Average 249,459 BTN

Yearly Trough Low 240,876 BTN

Transaction Impact: A difference of 26,168.35 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

52.7508

48.6786

JanuMarcMayJulySeptNove

NZD 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 51.2794, compared to 50.1184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1609 points.

H1 Avg (Jan–Jun) 51.2794

H2 Avg (Jul–Dec) 50.1184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.9550 BTN (High: 52.9140 / Low: 49.9591). On the other end, September was the most stable month, with a tight range of 1.1232 BTN (High: 49.8916 / Low: 48.7684).

July Spread (Volatile) ±2.9550

September Spread (Stable) ±1.1232

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.5087 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 51.8724) against the same month in 2022 (average: 50.0151), the exchange rate shifted by +1.8573 (+3.71%).

2023 Avg (February) 51.8724

2022 Avg (February) 50.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.0399	51.5214	52.4114
February	53.4088	50.8806	51.8724
March	51.6175	49.8325	51.0297
April	52.0030	49.8165	50.8555
May	52.2951	49.8051	51.0792
June	51.2132	49.7099	50.4280
July	52.9140	49.9591	51.0956
August	50.5278	48.7783	49.5870
September	49.8916	48.7684	49.2085
October	50.3127	48.1751	49.0180
November	51.3486	48.8602	49.9016
December	52.9673	51.0885	51.9000