2021 AFN to BTN Historical Review

YEARLY HIGH

0.9716 BTN

YEARLY LOW

0.6473 BTN

YEARLY AVERAGE

0.8919 BTN

2021 AFN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.9716. Conversely, the yearly low was recorded on December 15, dropping to 0.6473.

This high-to-low spread represents a total annual volatility of 0.3243 BTN. From a start-to-finish perspective, comparing the January average rate of 0.9456 to the December average rate of 0.7406, the exchange rate registered a net change of -21.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9716 was down 4.15% compared to the 2020 peak of 1.0136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 4,858 BTN

2020 Average 4,820 BTN

Yearly Trough Low 3,236 BTN

Transaction Impact: A difference of 1,621.33 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9780

0.7190

JanuMarcMayJulySeptNove

AFN to BTN 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 0.9427, compared to 0.8412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1016 points.

H1 Avg (Jan–Jun) 0.9427

H2 Avg (Jul–Dec) 0.8412

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1370 BTN (High: 0.7843 / Low: 0.6473). On the other end, January was the most stable month, with a tight range of 0.0149 BTN (High: 0.9513 / Low: 0.9364).

December Spread (Volatile) ±0.1370

January Spread (Stable) ±0.0149

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0623 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9564) against the same month in 2020 (average: 0.9996), the exchange rate shifted by -0.0432 (-4.32%).

2021 Avg (April) 0.9564

2020 Avg (April) 0.9996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9513	0.9364	0.9456
February	0.9447	0.9230	0.9400
March	0.9526	0.9311	0.9384
April	0.9716	0.9310	0.9564
May	0.9583	0.9236	0.9411
June	0.9469	0.9280	0.9349
July	0.9419	0.9101	0.9309
August	0.9310	0.8484	0.8931
September	0.8671	0.8225	0.8483
October	0.8409	0.8240	0.8311
November	0.8274	0.7797	0.8030
December	0.7843	0.6473	0.7406