2021 HKD to BTN Historical Review

YEARLY HIGH

9.7829 BTN

YEARLY LOW

9.2957 BTN

YEARLY AVERAGE

9.5027 BTN

2021 HKD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 9.7829. Conversely, the yearly low was recorded on March 23, dropping to 9.2957.

This high-to-low spread represents a total annual volatility of 0.4873 BTN. From a start-to-finish perspective, comparing the January average rate of 9.4297 to the December average rate of 9.6558, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.7829 was down 1.42% compared to the 2020 peak of 9.9234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 244,574 BTN

2020 Average 238,746 BTN

Yearly Trough Low 232,391 BTN

Transaction Impact: A difference of 12,182.36 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.6853

9.3318

JanuMarcMayJulySeptNove

HKD 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 9.4394, compared to 9.5661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1266 points.

H1 Avg (Jan–Jun) 9.4394

H2 Avg (Jul–Dec) 9.5661

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3158 BTN (High: 9.6992 / Low: 9.3834). On the other end, July was the most stable month, with a tight range of 0.0627 BTN (High: 9.6172 / Low: 9.5545).

April Spread (Volatile) ±0.3158

July Spread (Stable) ±0.0627

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.1371 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 9.6558) against the same month in 2020 (average: 9.4975), the exchange rate shifted by +0.1583 (+1.67%).

2021 Avg (December) 9.6558

2020 Avg (December) 9.4975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4710	9.3840	9.4297
February	9.4283	9.3233	9.3737
March	9.4786	9.2957	9.3612
April	9.6992	9.3834	9.5655
May	9.5853	9.3355	9.4284
June	9.5714	9.3819	9.4779
July	9.6172	9.5545	9.5833
August	9.5695	9.3729	9.5280
September	9.5297	9.3934	9.4509
October	9.6990	9.5212	9.6233
November	9.6317	9.4973	9.5550
December	9.7829	9.5394	9.6558