YEARLY HIGH
0.0478 PEN
YEARLY LOW
0.0432 PEN
YEARLY AVERAGE
0.0453 PEN

2023 BTN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0478. Conversely, the yearly low was recorded on July 13, dropping to 0.0432.

This high-to-low spread represents a total annual volatility of 0.0046 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0467 to the December average rate of 0.0448, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0478 was down 10.87% compared to the 2022 peak of 0.0537, 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 239 PEN
2022 Average 244 PEN
Yearly Trough Low 216 PEN
Transaction Impact: A difference of 23.02 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0470
0.0435
JanuMarcMayJulySeptNove

BTN to PEN 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 0.0457, compared to 0.0449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0457
H2 Avg (Jul–Dec) 0.0449

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0020 PEN (High: 0.0478 / Low: 0.0458). On the other end, March was the most stable month, with a tight range of 0.0006 PEN (High: 0.0463 / Low: 0.0457).

January Spread (Volatile) ±0.0020
March Spread (Stable) ±0.0006

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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0467) against the same month in 2022 (average: 0.0523), the exchange rate shifted by -0.0056 (-10.69%).

2023 Avg (January) 0.0467
2022 Avg (January) 0.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0478 0.0458 0.0467
February 0.0471 0.0460 0.0465
March 0.0463 0.0457 0.0459
April 0.0462 0.0453 0.0459
May 0.0455 0.0444 0.0448
June 0.0448 0.0440 0.0444
July 0.0443 0.0432 0.0438
August 0.0450 0.0438 0.0446
September 0.0456 0.0445 0.0449
October 0.0466 0.0456 0.0462
November 0.0465 0.0447 0.0453
December 0.0454 0.0443 0.0448