2020 BTN to AFN Historical Review

YEARLY HIGH

1.0997 AFN

YEARLY LOW

0.9865 AFN

YEARLY AVERAGE

1.0380 AFN

2020 BTN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BTN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.0997. Conversely, the yearly low was recorded on April 21, dropping to 0.9865.

This high-to-low spread represents a total annual volatility of 0.1131 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0839 to the December average rate of 1.0468, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0997 was down 6.97% compared to the 2019 peak of 1.1820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,498 AFN

2019 Average 5,537 AFN

Yearly Trough Low 4,933 AFN

Transaction Impact: A difference of 565.52 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0923

0.9921

JanuMarcMayJulySeptNove

BTN to AFN 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 1.0364, compared to 1.0396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 1.0364

H2 Avg (Jul–Dec) 1.0396

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0483 AFN (High: 1.0505 / Low: 1.0022). On the other end, June was the most stable month, with a tight range of 0.0096 AFN (High: 1.0249 / Low: 1.0153).

March Spread (Volatile) ±0.0483

June Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between April and September, 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 0.0509 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.0839) against the same month in 2019 (average: 1.0690), the exchange rate shifted by +0.0149 (+1.39%).

2020 Avg (January) 1.0839

2019 Avg (January) 1.0690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0997	1.0703	1.0839
February	1.0922	1.0505	1.0765
March	1.0505	1.0022	1.0256
April	1.0126	0.9865	1.0005
May	1.0219	1.0056	1.0116
June	1.0249	1.0153	1.0203
July	1.0348	1.0217	1.0285
August	1.0504	1.0225	1.0338
September	1.0572	1.0413	1.0467
October	1.0512	1.0310	1.0452
November	1.0418	1.0306	1.0367
December	1.0582	1.0398	1.0468