2021 AZN to BTN Historical Review

YEARLY HIGH

44.8823 BTN

YEARLY LOW

42.4512 BTN

YEARLY AVERAGE

43.4280 BTN

2021 AZN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 44.8823. Conversely, the yearly low was recorded on March 23, dropping to 42.4512.

This high-to-low spread represents a total annual volatility of 2.4311 BTN. From a start-to-finish perspective, comparing the January average rate of 42.9818 to the December average rate of 44.2833, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 44.8823 was down 0.65% compared to the 2020 peak of 45.1745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224,411 BTN

2020 Average 217,537 BTN

Yearly Trough Low 212,256 BTN

Transaction Impact: A difference of 12,155.56 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

44.4385

42.5760

JanuMarcMayJulySeptNove

AZN 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 43.0749, compared to 43.7811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7062 points.

H1 Avg (Jan–Jun) 43.0749

H2 Avg (Jul–Dec) 43.7811

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.3787 BTN (High: 44.3275 / Low: 42.9488). On the other end, July was the most stable month, with a tight range of 0.2790 BTN (High: 43.9425 / Low: 43.6635).

April Spread (Volatile) ±1.3787

July Spread (Stable) ±0.2790

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.6508 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 44.2833) against the same month in 2020 (average: 43.2464), the exchange rate shifted by +1.0369 (+2.40%).

2021 Avg (December) 44.2833

2020 Avg (December) 43.2464

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.1662	42.7699	42.9818
February	42.9987	42.5109	42.7312
March	43.2676	42.4512	42.7390
April	44.3275	42.9488	43.6977
May	43.7730	42.6052	43.0469
June	43.7058	42.8021	43.2528
July	43.9425	43.6635	43.7788
August	43.7670	42.8641	43.6051
September	43.6273	42.9223	43.2330
October	44.3743	43.5839	44.0191
November	44.1585	43.5008	43.7674
December	44.8823	43.7472	44.2833