2023 BTN to MVR Historical Review

YEARLY HIGH

0.1903 MVR

YEARLY LOW

0.1829 MVR

YEARLY AVERAGE

0.1862 MVR

2023 BTN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1903. Conversely, the yearly low was recorded on November 13, dropping to 0.1829.

This high-to-low spread represents a total annual volatility of 0.0074 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1880 to the December average rate of 0.1845, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1903 was down 9.05% compared to the 2022 peak of 0.2092, 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 951 MVR

2022 Average 983 MVR

Yearly Trough Low 914 MVR

Transaction Impact: A difference of 37.04 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1884

0.1841

JanuMarcMayJulySeptNove

BTN to MVR 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 0.1869, compared to 0.1855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1869

H2 Avg (Jul–Dec) 0.1855

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0042 MVR (High: 0.1871 / Low: 0.1829). On the other end, October was the most stable month, with a tight range of 0.0014 MVR (High: 0.1859 / Low: 0.1844).

November Spread (Volatile) ±0.0042

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1875) against the same month in 2022 (average: 0.2027), the exchange rate shifted by -0.0152 (-7.49%).

2023 Avg (April) 0.1875

2022 Avg (April) 0.2027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1900	0.1858	0.1880
February	0.1876	0.1851	0.1859
March	0.1891	0.1856	0.1870
April	0.1903	0.1863	0.1875
May	0.1880	0.1849	0.1865
June	0.1879	0.1851	0.1867
July	0.1881	0.1859	0.1873
August	0.1868	0.1846	0.1856
September	0.1867	0.1846	0.1857
October	0.1859	0.1844	0.1851
November	0.1871	0.1829	0.1847
December	0.1855	0.1838	0.1845

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு