2023 BTN to MAD Historical Review

YEARLY HIGH

0.1277 MAD

YEARLY LOW

0.1171 MAD

YEARLY AVERAGE

0.1227 MAD

2023 BTN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.1277. Conversely, the yearly low was recorded on August 8, dropping to 0.1171.

This high-to-low spread represents a total annual volatility of 0.0106 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1251 to the December average rate of 0.1205, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1277 was down 6.36% compared to the 2022 peak of 0.1364, 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 639 MAD

2022 Average 646 MAD

Yearly Trough Low 586 MAD

Transaction Impact: A difference of 53.00 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1263

0.1179

JanuMarcMayJulySeptNove

BTN to MAD 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 0.1240, compared to 0.1213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1240

H2 Avg (Jul–Dec) 0.1213

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0060 MAD (High: 0.1231 / Low: 0.1171). On the other end, October was the most stable month, with a tight range of 0.0019 MAD (High: 0.1245 / Low: 0.1226).

August Spread (Volatile) ±0.0060

October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1256) against the same month in 2022 (average: 0.1277), the exchange rate shifted by -0.0021 (-1.62%).

2023 Avg (March) 0.1256

2022 Avg (March) 0.1277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1268	0.1240	0.1251
February	0.1260	0.1234	0.1247
March	0.1277	0.1242	0.1256
April	0.1247	0.1211	0.1237
May	0.1239	0.1216	0.1228
June	0.1239	0.1207	0.1223
July	0.1207	0.1172	0.1186
August	0.1231	0.1171	0.1196
September	0.1245	0.1223	0.1233
October	0.1245	0.1226	0.1235
November	0.1237	0.1206	0.1221
December	0.1221	0.1181	0.1205

2023 BTN నుండి MAD చారిత్రక సమీక్ష