YEARLY HIGH
2.1915 DJF
YEARLY LOW
2.1190 DJF
YEARLY AVERAGE
2.1544 DJF

2023 BTN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 2.1915. Conversely, the yearly low was recorded on November 4, dropping to 2.1190.

This high-to-low spread represents a total annual volatility of 0.0725 DJF. From a start-to-finish perspective, comparing the January average rate of 2.1724 to the December average rate of 2.1374, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1915 was down 9.09% compared to the 2022 peak of 2.4104, 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 10,957 DJF
2022 Average 11,340 DJF
Yearly Trough Low 10,595 DJF
Transaction Impact: A difference of 362.32 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1762
2.1315
JanuMarcMayJulySeptNove

BTN to DJF 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 2.1641, compared to 2.1448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 2.1641
H2 Avg (Jul–Dec) 2.1448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0480 DJF (High: 2.1915 / Low: 2.1434). On the other end, October was the most stable month, with a tight range of 0.0146 DJF (High: 2.1478 / Low: 2.1332).

January Spread (Volatile) ±0.0480
October Spread (Stable) ±0.0146

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 0.0175 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1724) against the same month in 2022 (average: 2.3900), the exchange rate shifted by -0.2176 (-9.10%).

2023 Avg (January) 2.1724
2022 Avg (January) 2.3900

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1915 2.1434 2.1724
February 2.1756 2.1304 2.1550
March 2.1810 2.1469 2.1610
April 2.1824 2.1481 2.1690
May 2.1787 2.1473 2.1614
June 2.1820 2.1515 2.1654
July 2.1742 2.1461 2.1640
August 2.1642 2.1353 2.1484
September 2.1593 2.1370 2.1446
October 2.1478 2.1332 2.1390
November 2.1441 2.1190 2.1352
December 2.1464 2.1308 2.1374