2023 SRD to BTN Historical Review

YEARLY HIGH

2.6240 BTN

YEARLY LOW

2.1290 BTN

YEARLY AVERAGE

2.2643 BTN

2023 SRD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.6240. Conversely, the yearly low was recorded on July 24, dropping to 2.1290.

This high-to-low spread represents a total annual volatility of 0.4950 BTN. From a start-to-finish perspective, comparing the January average rate of 2.5720 to the December average rate of 2.2302, the exchange rate registered a net change of -13.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6240 was down 29.83% compared to the 2022 peak of 3.7395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,120 BTN

2022 Average 16,532 BTN

Yearly Trough Low 10,645 BTN

Transaction Impact: A difference of 2,475.18 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6131

2.1201

JanuMarcMayJulySeptNove

SRD 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 2.3465, compared to 2.1821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1644 points.

H1 Avg (Jan–Jun) 2.3465

H2 Avg (Jul–Dec) 2.1821

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1951 BTN (High: 2.4675 / Low: 2.2724). On the other end, October was the most stable month, with a tight range of 0.0280 BTN (High: 2.1905 / Low: 2.1625).

March Spread (Volatile) ±0.1951

October Spread (Stable) ±0.0280

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.1504 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5720) against the same month in 2022 (average: 3.5176), the exchange rate shifted by -0.9456 (-26.88%).

2023 Avg (January) 2.5720

2022 Avg (January) 3.5176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6240	2.5031	2.5720
February	2.5673	2.4444	2.5182
March	2.4675	2.2724	2.3776
April	2.3026	2.1643	2.2272
May	2.2219	2.1674	2.2036
June	2.2127	2.1379	2.1801
July	2.2175	2.1290	2.1612
August	2.1830	2.1342	2.1637
September	2.1797	2.1437	2.1673
October	2.1905	2.1625	2.1796
November	2.2039	2.1637	2.1903
December	2.2682	2.2025	2.2302