2023 TMT to BTN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TMT to BTN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TMT to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 83.6172. Conversely, the yearly low was recorded on April 30, dropping to 80.7268.
This high-to-low spread represents a total annual volatility of 2.8903 BTN. From a start-to-finish perspective, comparing the January average rate of 81.8239 to the December average rate of 83.3220, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 83.6172 was up 0.65% compared to the 2022 peak of 83.0812, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TMT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TMT to BTN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 82.1658, compared to 82.9308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7650 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.8673 BTN (High: 82.9336 / Low: 81.0663). On the other end, October was the most stable month, with a tight range of 0.4416 BTN (High: 83.2975 / Low: 82.8558).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3841 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 83.3220) against the same month in 2022 (average: 82.4644), the exchange rate shifted by +0.8576 (+1.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.9336 | 81.0663 | 81.8239 |
| February | 82.9906 | 81.8270 | 82.5936 |
| March | 82.8473 | 81.4304 | 82.2095 |
| April | 82.3767 | 80.7268 | 81.8940 |
| May | 82.8311 | 81.6419 | 82.2856 |
| June | 82.6703 | 81.4692 | 82.1883 |
| July | 82.7875 | 81.4867 | 82.1005 |
| August | 83.3896 | 82.1802 | 82.8092 |
| September | 83.2969 | 82.6145 | 83.0074 |
| October | 83.2975 | 82.8558 | 83.1505 |
| November | 83.4001 | 82.5438 | 83.1950 |
| December | 83.6172 | 83.0381 | 83.3220 |