2020 BTN to SZL Historical Review

YEARLY HIGH

0.2506 SZL

YEARLY LOW

0.1961 SZL

YEARLY AVERAGE

0.2220 SZL

2020 BTN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BTN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.2506. Conversely, the yearly low was recorded on January 4, dropping to 0.1961.

This high-to-low spread represents a total annual volatility of 0.0545 SZL. From a start-to-finish perspective, comparing the January average rate of 0.2016 to the December average rate of 0.2024, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2506 was up 15.70% compared to the 2019 peak of 0.2166, 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 1,253 SZL

2019 Average 1,027 SZL

Yearly Trough Low 981 SZL

Transaction Impact: A difference of 272.68 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2480

0.1973

JanuMarcMayJulySeptNove

BTN to SZL 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 0.2242, compared to 0.2197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.2242

H2 Avg (Jul–Dec) 0.2197

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0280 SZL (High: 0.2368 / Low: 0.2088). On the other end, February was the most stable month, with a tight range of 0.0065 SZL (High: 0.2134 / Low: 0.2068).

March Spread (Volatile) ±0.0280

February Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between January and April, 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 0.0147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.2438) against the same month in 2019 (average: 0.2035), the exchange rate shifted by +0.0403 (+19.80%).

2020 Avg (April) 0.2438

2019 Avg (April) 0.2035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2073	0.1961	0.2016
February	0.2134	0.2068	0.2097
March	0.2368	0.2088	0.2238
April	0.2506	0.2340	0.2438
May	0.2474	0.2297	0.2405
June	0.2310	0.2193	0.2261
July	0.2285	0.2201	0.2237
August	0.2368	0.2228	0.2307
September	0.2325	0.2205	0.2281
October	0.2274	0.2187	0.2239
November	0.2187	0.2058	0.2093
December	0.2081	0.1978	0.2024