YEARLY HIGH
16.5765 KRW
YEARLY LOW
14.9107 KRW
YEARLY AVERAGE
15.8221 KRW

2023 BTN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 16.5765. Conversely, the yearly low was recorded on February 1, dropping to 14.9107.

This high-to-low spread represents a total annual volatility of 1.6658 KRW. From a start-to-finish perspective, comparing the January average rate of 15.1855 to the December average rate of 15.6192, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.5765 was down 6.21% compared to the 2022 peak of 17.6749, 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 82,883 KRW
2022 Average 82,149 KRW
Yearly Trough Low 74,554 KRW
Transaction Impact: A difference of 8,328.94 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.3448
15.0802
JanuMarcMayJulySeptNove

BTN to KRW 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 15.7659, compared to 15.8784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1125 points.

H1 Avg (Jan–Jun) 15.7659
H2 Avg (Jul–Dec) 15.8784

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.0842 KRW (High: 15.9949 / Low: 14.9107). On the other end, October was the most stable month, with a tight range of 0.2475 KRW (High: 16.3386 / Low: 16.0911).

February Spread (Volatile) ±1.0842
October Spread (Stable) ±0.2475

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5336 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 16.1374) against the same month in 2022 (average: 16.2197), the exchange rate shifted by -0.0823 (-0.51%).

2023 Avg (April) 16.1374
2022 Avg (April) 16.2197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4269 15.0317 15.1855
February 15.9949 14.9107 15.4947
March 16.1862 15.6654 15.8758
April 16.5765 15.8926 16.1374
May 16.4513 15.8658 16.1389
June 16.1464 15.3871 15.7630
July 16.1536 15.3064 15.6521
August 16.1610 15.6670 15.9838
September 16.2766 15.8858 16.0697
October 16.3386 16.0911 16.2394
November 16.1886 15.4663 15.7059
December 15.8003 15.3804 15.6192