2020 HNL to BTN Historical Review

YEARLY HIGH

3.0872 BTN

YEARLY LOW

2.7977 BTN

YEARLY AVERAGE

2.9943 BTN

2020 HNL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 3.0872. Conversely, the yearly low was recorded on January 14, dropping to 2.7977.

This high-to-low spread represents a total annual volatility of 0.2894 BTN. From a start-to-finish perspective, comparing the January average rate of 2.8740 to the December average rate of 3.0370, the exchange rate registered a net change of 5.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.0872 was down 35.40% compared to the 2019 peak of 4.7792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,436 BTN

2019 Average 14,341 BTN

Yearly Trough Low 13,989 BTN

Transaction Impact: A difference of 1,447.10 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.0745

2.8558

JanuMarcMayJulySeptNove

HNL 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 2.9770, compared to 3.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0347 points.

H1 Avg (Jan–Jun) 2.9770

H2 Avg (Jul–Dec) 3.0117

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1716 BTN (High: 3.0680 / Low: 2.8963). On the other end, December was the most stable month, with a tight range of 0.0356 BTN (High: 3.0541 / Low: 3.0185).

March Spread (Volatile) ±0.1716

December Spread (Stable) ±0.0356

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 August and September, when the average rate fell by 0.0448 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 3.0563) against the same month in 2019 (average: 2.8337), the exchange rate shifted by +0.2226 (+7.86%).

2020 Avg (April) 3.0563

2019 Avg (April) 2.8337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9105	2.7977	2.8740
February	2.9046	2.8679	2.8793
March	3.0680	2.8963	2.9875
April	3.0872	3.0249	3.0563
May	3.0577	2.9904	3.0276
June	3.0525	3.0121	3.0375
July	3.0347	2.9954	3.0117
August	3.0427	2.9724	3.0157
September	2.9946	2.9474	2.9709
October	3.0338	2.9711	2.9922
November	3.0726	3.0096	3.0426
December	3.0541	3.0185	3.0370