YEARLY HIGH
0.0545 PLN
YEARLY LOW
0.0467 PLN
YEARLY AVERAGE
0.0509 PLN

2023 BTN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0545. Conversely, the yearly low was recorded on December 27, dropping to 0.0467.

This high-to-low spread represents a total annual volatility of 0.0079 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0530 to the December average rate of 0.0476, the exchange rate registered a net change of -10.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0545 was down 10.84% compared to the 2022 peak of 0.0612, 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 273 PLN
2022 Average 284 PLN
Yearly Trough Low 233 PLN
Transaction Impact: A difference of 39.27 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0543
0.0470
JanuMarcMayJulySeptNove

BTN to PLN 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 0.0521, compared to 0.0497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0521
H2 Avg (Jul–Dec) 0.0497

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0035 PLN (High: 0.0507 / Low: 0.0471). On the other end, May was the most stable month, with a tight range of 0.0013 PLN (High: 0.0514 / Low: 0.0501).

November Spread (Volatile) ±0.0035
May Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0533) against the same month in 2022 (average: 0.0567), the exchange rate shifted by -0.0034 (-5.93%).

2023 Avg (March) 0.0533
2022 Avg (March) 0.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0539 0.0510 0.0530
February 0.0542 0.0521 0.0537
March 0.0545 0.0522 0.0533
April 0.0529 0.0507 0.0517
May 0.0514 0.0501 0.0508
June 0.0510 0.0492 0.0500
July 0.0501 0.0478 0.0490
August 0.0502 0.0486 0.0494
September 0.0529 0.0501 0.0519
October 0.0531 0.0503 0.0513
November 0.0507 0.0471 0.0489
December 0.0483 0.0467 0.0476