YEARLY HIGH
3.1426 BTN
YEARLY LOW
2.9336 BTN
YEARLY AVERAGE
3.0641 BTN

2021 HNL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 3.1426. Conversely, the yearly low was recorded on January 6, dropping to 2.9336.

This high-to-low spread represents a total annual volatility of 0.2091 BTN. From a start-to-finish perspective, comparing the January average rate of 3.0156 to the December average rate of 3.1012, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.1426 was up 1.80% compared to the 2020 peak of 3.0872, 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 15,713 BTN
2020 Average 14,973 BTN
Yearly Trough Low 14,668 BTN
Transaction Impact: A difference of 1,045.30 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.1310
2.9860
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 3.0332, compared to 3.0950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0618 points.

H1 Avg (Jan–Jun) 3.0332
H2 Avg (Jul–Dec) 3.0950

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1066 BTN (High: 3.0402 / Low: 2.9336). On the other end, July was the most stable month, with a tight range of 0.0431 BTN (High: 3.1417 / Low: 3.0986).

January Spread (Volatile) ±0.1066
July Spread (Stable) ±0.0431

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 August and September, when the average rate fell by 0.0668 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.1012) against the same month in 2020 (average: 3.0370), the exchange rate shifted by +0.0642 (+2.11%).

2021 Avg (December) 3.1012
2020 Avg (December) 3.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0402 2.9336 3.0156
February 3.0369 2.9735 2.9981
March 3.0480 2.9822 3.0025
April 3.1275 3.0344 3.0855
May 3.0837 3.0093 3.0389
June 3.1071 3.0222 3.0586
July 3.1417 3.0986 3.1189
August 3.1355 3.0559 3.1181
September 3.0756 3.0312 3.0513
October 3.1290 3.0657 3.0991
November 3.1085 3.0606 3.0812
December 3.1426 3.0460 3.1012