2021 BTN to NOK Historical Review

YEARLY HIGH

0.1224 NOK

YEARLY LOW

0.1099 NOK

YEARLY AVERAGE

0.1164 NOK

2021 BTN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.1224. Conversely, the yearly low was recorded on April 28, dropping to 0.1099.

This high-to-low spread represents a total annual volatility of 0.0125 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1166 to the December average rate of 0.1192, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1224 was down 22.39% compared to the 2020 peak of 0.1577, 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 612 NOK

2020 Average 636 NOK

Yearly Trough Low 549 NOK

Transaction Impact: A difference of 62.53 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1200

0.1123

JanuMarcMayJulySeptNove

BTN to NOK 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 0.1153, compared to 0.1175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1153

H2 Avg (Jul–Dec) 0.1175

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0095 NOK (High: 0.1219 / Low: 0.1125). On the other end, September was the most stable month, with a tight range of 0.0028 NOK (High: 0.1190 / Low: 0.1162).

November Spread (Volatile) ±0.0095

September Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1192) against the same month in 2020 (average: 0.1182), the exchange rate shifted by +0.0009 (+0.80%).

2021 Avg (December) 0.1192

2020 Avg (December) 0.1182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1191	0.1147	0.1166
February	0.1197	0.1156	0.1171
March	0.1199	0.1156	0.1173
April	0.1165	0.1099	0.1130
May	0.1154	0.1117	0.1135
June	0.1173	0.1132	0.1146
July	0.1205	0.1152	0.1178
August	0.1217	0.1176	0.1194
September	0.1190	0.1162	0.1178
October	0.1164	0.1111	0.1131
November	0.1219	0.1125	0.1178
December	0.1224	0.1174	0.1192