2021 SHP to BTN Historical Review

YEARLY HIGH

104.4723 BTN

YEARLY LOW

99.0308 BTN

YEARLY AVERAGE

101.6037 BTN

2021 SHP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 104.4723. Conversely, the yearly low was recorded on November 25, dropping to 99.0308.

This high-to-low spread represents a total annual volatility of 5.4415 BTN. From a start-to-finish perspective, comparing the January average rate of 99.7418 to the December average rate of 100.2207, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 104.4723 was up 4.56% compared to the 2020 peak of 99.9177, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 522,361 BTN

2020 Average 475,253 BTN

Yearly Trough Low 495,154 BTN

Transaction Impact: A difference of 27,207.60 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

103.4110

99.4083

JanuMarcMayJulySeptNove

SHP 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 101.7118, compared to 101.4956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2162 points.

H1 Avg (Jan–Jun) 101.7118

H2 Avg (Jul–Dec) 101.4956

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 4.0898 BTN (High: 104.4723 / Low: 100.3825). On the other end, May was the most stable month, with a tight range of 1.2978 BTN (High: 103.6574 / Low: 102.3596).

April Spread (Volatile) ±4.0898

May Spread (Stable) ±1.2978

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 2.3883 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3883

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 102.8284) against the same month in 2020 (average: 94.5027), the exchange rate shifted by +8.3257 (+8.81%).

2021 Avg (April) 102.8284

2020 Avg (April) 94.5027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.4571	99.0514	99.7418
February	102.3149	99.5132	100.8311
March	102.3972	99.1378	100.7328
April	104.4723	100.3825	102.8284
May	103.6574	102.3596	103.0590
June	103.6934	102.0088	103.0774
July	103.6998	101.8929	102.8721
August	103.2940	100.2608	102.3066
September	102.1524	99.6084	101.0412
October	103.5320	100.4060	102.4607
November	102.2753	99.0308	100.0724
December	101.2706	99.3102	100.2207