2020 PEN to BTN Historical Review

YEARLY HIGH

22.6330 BTN

YEARLY LOW

20.1827 BTN

YEARLY AVERAGE

21.2083 BTN

2020 PEN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 22.6330. Conversely, the yearly low was recorded on December 31, dropping to 20.1827.

This high-to-low spread represents a total annual volatility of 2.4503 BTN. From a start-to-finish perspective, comparing the January average rate of 21.4200 to the December average rate of 20.4480, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 22.6330 was up 4.92% compared to the 2019 peak of 21.5708, 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 113,165 BTN

2019 Average 105,444 BTN

Yearly Trough Low 100,914 BTN

Transaction Impact: A difference of 12,251.61 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22.5832

20.2538

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 21.6867, compared to 20.7299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9568 points.

H1 Avg (Jan–Jun) 21.6867

H2 Avg (Jul–Dec) 20.7299

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2906 BTN (High: 22.0654 / Low: 20.7748). On the other end, February was the most stable month, with a tight range of 0.3446 BTN (High: 21.2465 / Low: 20.9019).

March Spread (Volatile) ±1.2906

February Spread (Stable) ±0.3446

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.4884 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 22.3891) against the same month in 2019 (average: 21.0361), the exchange rate shifted by +1.3530 (+6.43%).

2020 Avg (April) 22.3891

2019 Avg (April) 21.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.7230	21.0570	21.4200
February	21.2465	20.9019	21.0749
March	22.0654	20.7748	21.3105
April	22.6330	21.8697	22.3891
May	22.3522	21.9045	22.1286
June	22.1859	21.3717	21.7974
July	21.5387	21.0668	21.3090
August	21.2169	20.5670	20.9430
September	20.8294	20.4846	20.6465
October	20.6172	20.2536	20.4523
November	20.7662	20.2863	20.5806
December	20.5709	20.1827	20.4480