YEARLY HIGH
9.7285 ARS
YEARLY LOW
2.1401 ARS
YEARLY AVERAGE
3.5697 ARS

2023 BTN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 9.7285. Conversely, the yearly low was recorded on January 1, dropping to 2.1401.

This high-to-low spread represents a total annual volatility of 7.5884 ARS. From a start-to-finish perspective, comparing the January average rate of 2.2250 to the December average rate of 7.5859, the exchange rate registered a net change of 240.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.7285 was up 353.54% compared to the 2022 peak of 2.1450, 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 48,642 ARS
2022 Average 8,280 ARS
Yearly Trough Low 10,700 ARS
Transaction Impact: A difference of 37,941.94 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8.1220
1.6890
JanuMarcMayJulySeptNove

BTN to ARS 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 2.5771, compared to 4.5623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9852 points.

H1 Avg (Jan–Jun) 2.5771
H2 Avg (Jul–Dec) 4.5623

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 5.3985 ARS (High: 9.7285 / Low: 4.3300). On the other end, October was the most stable month, with a tight range of 0.0211 ARS (High: 4.2233 / Low: 4.2022).

December Spread (Volatile) ±5.3985
October Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0058 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 7.5859) against the same month in 2022 (average: 2.0893), the exchange rate shifted by +5.4967 (+263.09%).

2023 Avg (December) 7.5859
2022 Avg (December) 2.0893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2911 2.1401 2.2250
February 2.3853 2.2729 2.3219
March 2.5405 2.3934 2.4637
April 2.7434 2.5405 2.6279
May 2.8961 2.7094 2.8042
June 3.1273 2.9061 3.0196
July 3.3442 3.1273 3.2362
August 4.2408 3.3536 3.8812
September 4.2313 4.2017 4.2152
October 4.2233 4.2022 4.2094
November 4.3239 4.1961 4.2459
December 9.7285 4.3300 7.5859