YEARLY HIGH
10.0852 BTN
YEARLY LOW
9.6853 BTN
YEARLY AVERAGE
9.8920 BTN

2023 SBD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 10.0852. Conversely, the yearly low was recorded on April 30, dropping to 9.6853.

This high-to-low spread represents a total annual volatility of 0.3999 BTN. From a start-to-finish perspective, comparing the January average rate of 9.9007 to the December average rate of 9.8519, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.0852 was down 0.95% compared to the 2022 peak of 10.1819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,426 BTN
2022 Average 48,274 BTN
Yearly Trough Low 48,426 BTN
Transaction Impact: A difference of 1,999.46 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.0531
9.7925
JanuMarcMayJulySeptNove

SBD 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 9.9233, compared to 9.8608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0625 points.

H1 Avg (Jan–Jun) 9.9233
H2 Avg (Jul–Dec) 9.8608

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.2808 BTN (High: 9.9660 / Low: 9.6853). On the other end, May was the most stable month, with a tight range of 0.1183 BTN (High: 9.9390 / Low: 9.8207).

April Spread (Volatile) ±0.2808
May Spread (Stable) ±0.1183

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 March and April, when the average rate fell by 0.1137 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 10.0313) against the same month in 2022 (average: 9.2639), the exchange rate shifted by +0.7675 (+8.28%).

2023 Avg (February) 10.0313
2022 Avg (February) 9.2639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0345 9.7678 9.9007
February 10.0852 9.9426 10.0313
March 10.0783 9.8665 9.9897
April 9.9660 9.6853 9.8760
May 9.9390 9.8207 9.8823
June 9.9162 9.7919 9.8598
July 9.8957 9.7172 9.8142
August 9.9644 9.8198 9.8951
September 9.9524 9.8255 9.8822
October 9.9268 9.7763 9.8600
November 9.9296 9.7830 9.8613
December 9.9219 9.7978 9.8519