2021 ARS to BTN Historical Review

YEARLY HIGH

0.8709 BTN

YEARLY LOW

0.7242 BTN

YEARLY AVERAGE

0.7788 BTN

2021 ARS to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.8709. Conversely, the yearly low was recorded on December 31, dropping to 0.7242.

This high-to-low spread represents a total annual volatility of 0.1467 BTN. From a start-to-finish perspective, comparing the January average rate of 0.8512 to the December average rate of 0.7394, the exchange rate registered a net change of -13.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8709 was down 27.59% compared to the 2020 peak of 1.2027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,354 BTN

2020 Average 5,298 BTN

Yearly Trough Low 3,621 BTN

Transaction Impact: A difference of 733.38 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8624

0.7283

JanuMarcMayJulySeptNove

ARS 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 0.8038, compared to 0.7538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0500 points.

H1 Avg (Jan–Jun) 0.8038

H2 Avg (Jul–Dec) 0.7538

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0369 BTN (High: 0.8709 / Low: 0.8340). On the other end, September was the most stable month, with a tight range of 0.0065 BTN (High: 0.7522 / Low: 0.7456).

January Spread (Volatile) ±0.0369

September Spread (Stable) ±0.0065

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 January and February, when the average rate fell by 0.0317 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.8512) against the same month in 2020 (average: 1.1887), the exchange rate shifted by -0.3375 (-28.39%).

2021 Avg (January) 0.8512

2020 Avg (January) 1.1887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8709	0.8340	0.8512
February	0.8311	0.8048	0.8195
March	0.8161	0.7872	0.7986
April	0.8140	0.7918	0.8021
May	0.7964	0.7663	0.7786
June	0.7791	0.7670	0.7727
July	0.7797	0.7684	0.7742
August	0.7682	0.7458	0.7633
September	0.7522	0.7456	0.7487
October	0.7627	0.7510	0.7550
November	0.7507	0.7378	0.7420
December	0.7497	0.7242	0.7394