2021 BTN to AFN Historical Review

YEARLY HIGH

1.5449 AFN

YEARLY LOW

1.0293 AFN

YEARLY AVERAGE

1.1285 AFN

2021 BTN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.5449. Conversely, the yearly low was recorded on April 13, dropping to 1.0293.

This high-to-low spread represents a total annual volatility of 0.5156 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0576 to the December average rate of 1.3532, the exchange rate registered a net change of 27.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5449 was up 40.49% compared to the 2020 peak of 1.0997, 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 7,725 AFN

2020 Average 5,190 AFN

Yearly Trough Low 5,146 AFN

Transaction Impact: A difference of 2,578.15 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3840

1.0149

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 1.0609, compared to 1.1961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1353 points.

H1 Avg (Jan–Jun) 1.0609

H2 Avg (Jul–Dec) 1.1961

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2699 AFN (High: 1.5449 / Low: 1.2750). On the other end, January was the most stable month, with a tight range of 0.0168 AFN (High: 1.0679 / Low: 1.0512).

December Spread (Volatile) ±0.2699

January Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0200 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.3532) against the same month in 2020 (average: 1.0468), the exchange rate shifted by +0.3065 (+29.28%).

2021 Avg (December) 1.3532

2020 Avg (December) 1.0468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0679	1.0512	1.0576
February	1.0834	1.0586	1.0639
March	1.0740	1.0497	1.0657
April	1.0742	1.0293	1.0457
May	1.0827	1.0435	1.0627
June	1.0776	1.0560	1.0697
July	1.0988	1.0616	1.0743
August	1.1787	1.0741	1.1212
September	1.2158	1.1533	1.1790
October	1.2136	1.1892	1.2033
November	1.2826	1.2086	1.2458
December	1.5449	1.2750	1.3532