2021 BTN to SZL Historical Review

YEARLY HIGH

0.2154 SZL

YEARLY LOW

0.1851 SZL

YEARLY AVERAGE

0.2000 SZL

2021 BTN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.2154. Conversely, the yearly low was recorded on June 17, dropping to 0.1851.

This high-to-low spread represents a total annual volatility of 0.0303 SZL. From a start-to-finish perspective, comparing the January average rate of 0.2065 to the December average rate of 0.2108, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2154 was down 14.06% compared to the 2020 peak of 0.2506, 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 1,077 SZL

2020 Average 1,110 SZL

Yearly Trough Low 926 SZL

Transaction Impact: A difference of 151.32 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2131

0.1861

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 0.1985, compared to 0.2016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1985

H2 Avg (Jul–Dec) 0.2016

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0129 SZL (High: 0.2154 / Low: 0.2025). On the other end, May was the most stable month, with a tight range of 0.0062 SZL (High: 0.1959 / Low: 0.1897).

November Spread (Volatile) ±0.0129

May Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0118 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2082) against the same month in 2020 (average: 0.2093), the exchange rate shifted by -0.0011 (-0.51%).

2021 Avg (November) 0.2082

2020 Avg (November) 0.2093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2108	0.1998	0.2065
February	0.2069	0.1989	0.2033
March	0.2126	0.2028	0.2062
April	0.2006	0.1902	0.1944
May	0.1959	0.1897	0.1922
June	0.1924	0.1851	0.1884
July	0.1999	0.1907	0.1945
August	0.2059	0.1936	0.1997
September	0.2045	0.1920	0.1977
October	0.2041	0.1936	0.1986
November	0.2154	0.2025	0.2082
December	0.2146	0.2071	0.2108