YEARLY HIGH
20.8419 BTN
YEARLY LOW
17.7937 BTN
YEARLY AVERAGE
19.0711 BTN

2021 PEN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 20.8419. Conversely, the yearly low was recorded on September 5, dropping to 17.7937.

This high-to-low spread represents a total annual volatility of 3.0482 BTN. From a start-to-finish perspective, comparing the January average rate of 20.1555 to the December average rate of 18.6232, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.8419 was down 7.91% compared to the 2020 peak of 22.6330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 104,210 BTN
2020 Average 106,037 BTN
Yearly Trough Low 88,968 BTN
Transaction Impact: A difference of 15,241.24 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20.3811
17.6737
JanuMarcMayJulySeptNove

PEN to BTN 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 19.6787, compared to 18.4636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2151 points.

H1 Avg (Jan–Jun) 19.6787
H2 Avg (Jul–Dec) 18.4636

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.3627 BTN (High: 20.8419 / Low: 19.4792). On the other end, September was the most stable month, with a tight range of 0.1719 BTN (High: 17.9656 / Low: 17.7937).

April Spread (Volatile) ±1.3627
September Spread (Stable) ±0.1719

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7260 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 20.1468) against the same month in 2020 (average: 22.3891), the exchange rate shifted by -2.2423 (-10.02%).

2021 Avg (April) 20.1468
2020 Avg (April) 22.3891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3243 19.9386 20.1555
February 20.0503 19.8033 19.9353
March 20.1023 19.3944 19.6091
April 20.8419 19.4792 20.1468
May 20.1041 18.8390 19.4258
June 19.0741 18.5728 18.7996
July 19.2606 18.6611 18.9129
August 18.9355 17.8674 18.1869
September 17.9656 17.7937 17.8993
October 19.1905 17.9117 18.6379
November 18.7476 18.4211 18.5211
December 18.8568 18.4035 18.6232