YEARLY HIGH
21.4270 BTN
YEARLY LOW
18.3404 BTN
YEARLY AVERAGE
19.6843 BTN

2023 PLN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 21.4270. Conversely, the yearly low was recorded on March 7, dropping to 18.3404.

This high-to-low spread represents a total annual volatility of 3.0866 BTN. From a start-to-finish perspective, comparing the January average rate of 18.8783 to the December average rate of 21.0092, the exchange rate registered a net change of 11.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.4270 was up 12.55% compared to the 2022 peak of 19.0379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 428,539 BTN
2022 Average 353,232 BTN
Yearly Trough Low 366,808 BTN
Transaction Impact: A difference of 61,731.40 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.2469
18.3950
JanuMarcMayJulySeptNove

PLN 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 19.2178, compared to 20.1509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9331 points.

H1 Avg (Jan–Jun) 19.2178
H2 Avg (Jul–Dec) 20.1509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.4851 BTN (High: 21.2137 / Low: 19.7286). On the other end, May was the most stable month, with a tight range of 0.5058 BTN (High: 19.9535 / Low: 19.4477).

November Spread (Volatile) ±1.4851
May Spread (Stable) ±0.5058

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.9955 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.0092) against the same month in 2022 (average: 18.6646), the exchange rate shifted by +2.3445 (+12.56%).

2023 Avg (December) 21.0092
2022 Avg (December) 18.6646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.6117 18.5477 18.8783
February 19.1950 18.4575 18.6326
March 19.1683 18.3404 18.7633
April 19.7131 18.9214 19.3565
May 19.9535 19.4477 19.6925
June 20.3201 19.6262 19.9835
July 20.9041 19.9792 20.4293
August 20.5605 19.9064 20.2633
September 19.9622 18.8868 19.2678
October 19.8913 18.8231 19.4805
November 21.2137 19.7286 20.4553
December 21.4270 20.7069 21.0092