YEARLY HIGH
5.4010 BTN
YEARLY LOW
4.6422 BTN
YEARLY AVERAGE
5.0059 BTN

2021 SZL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 5.4010. Conversely, the yearly low was recorded on November 29, dropping to 4.6422.

This high-to-low spread represents a total annual volatility of 0.7588 BTN. From a start-to-finish perspective, comparing the January average rate of 4.8439 to the December average rate of 4.7438, the exchange rate registered a net change of -2.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.4010 was up 5.92% compared to the 2020 peak of 5.0992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,005 BTN
2020 Average 22,614 BTN
Yearly Trough Low 23,211 BTN
Transaction Impact: A difference of 3,794.09 BTN purely based on transaction execution date.

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5.3662
4.6872
JanuMarcMayJulySeptNove

SZL 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 5.0461, compared to 4.9656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0805 points.

H1 Avg (Jan–Jun) 5.0461
H2 Avg (Jul–Dec) 4.9656

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.3196 BTN (High: 5.2096 / Low: 4.8900). On the other end, May was the most stable month, with a tight range of 0.1664 BTN (High: 5.2704 / Low: 5.1040).

September Spread (Volatile) Âą0.3196
May Spread (Stable) Âą0.1664

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2312 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 5.3096) against the same month in 2020 (average: 4.4230), the exchange rate shifted by +0.8866 (+20.05%).

2021 Avg (June) 5.3096
2020 Avg (June) 4.4230

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Month High Low Average
January 5.0049 4.7429 4.8439
February 5.0269 4.8323 4.9205
March 4.9311 4.7029 4.8513
April 5.2565 4.9845 5.1467
May 5.2704 5.1040 5.2046
June 5.4010 5.1979 5.3096
July 5.2445 5.0031 5.1412
August 5.1646 4.8574 5.0095
September 5.2096 4.8900 5.0587
October 5.1661 4.8994 5.0360
November 4.9380 4.6422 4.8047
December 4.8283 4.6605 4.7438