2021 BTN to TOP Historical Review

YEARLY HIGH

0.0318 TOP

YEARLY LOW

0.0298 TOP

YEARLY AVERAGE

0.0307 TOP

2021 BTN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0318. Conversely, the yearly low was recorded on October 31, dropping to 0.0298.

This high-to-low spread represents a total annual volatility of 0.0019 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0303, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0318 was down 2.54% compared to the 2020 peak of 0.0326, 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 159 TOP

2020 Average 155 TOP

Yearly Trough Low 149 TOP

Transaction Impact: A difference of 9.67 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0317

0.0299

JanuMarcMayJulySeptNove

BTN to TOP 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 0.0310, compared to 0.0304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0310

H2 Avg (Jul–Dec) 0.0304

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0011 TOP (High: 0.0313 / Low: 0.0302). On the other end, July was the most stable month, with a tight range of 0.0003 TOP (High: 0.0305 / Low: 0.0302).

April Spread (Volatile) ±0.0011

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0316) against the same month in 2020 (average: 0.0324), the exchange rate shifted by -0.0008 (-2.57%).

2021 Avg (February) 0.0316

2020 Avg (February) 0.0324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0316	0.0308	0.0312
February	0.0318	0.0311	0.0316
March	0.0317	0.0311	0.0314
April	0.0313	0.0302	0.0306
May	0.0310	0.0304	0.0308
June	0.0307	0.0302	0.0304
July	0.0305	0.0302	0.0303
August	0.0310	0.0303	0.0305
September	0.0309	0.0305	0.0306
October	0.0306	0.0298	0.0301
November	0.0306	0.0299	0.0303
December	0.0306	0.0300	0.0303