2020 TOP to BTN Historical Review

YEARLY HIGH

33.6829 BTN

YEARLY LOW

30.6963 BTN

YEARLY AVERAGE

32.1824 BTN

2020 TOP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 33.6829. Conversely, the yearly low was recorded on February 6, dropping to 30.6963.

This high-to-low spread represents a total annual volatility of 2.9865 BTN. From a start-to-finish perspective, comparing the January average rate of 31.0153 to the December average rate of 32.2377, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 33.6829 was up 5.51% compared to the 2019 peak of 31.9224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,414 BTN

2019 Average 153,580 BTN

Yearly Trough Low 153,482 BTN

Transaction Impact: A difference of 14,932.64 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

33.6026

30.5994

JanuMarcMayJulySeptNove

TOP 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 32.0351, compared to 32.3298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2947 points.

H1 Avg (Jan–Jun) 32.0351

H2 Avg (Jul–Dec) 32.3298

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1890 BTN (High: 32.2424 / Low: 31.0535). On the other end, December was the most stable month, with a tight range of 0.3461 BTN (High: 32.4672 / Low: 32.1211).

March Spread (Volatile) ±1.1890

December Spread (Stable) ±0.3461

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5588 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 33.3523) against the same month in 2019 (average: 30.3588), the exchange rate shifted by +2.9935 (+9.86%).

2020 Avg (June) 33.3523

2019 Avg (June) 30.3588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.4317	30.7580	31.0153
February	31.1412	30.6963	30.8497
March	32.2424	31.0535	31.6431
April	33.1004	32.0906	32.5965
May	33.0442	32.3445	32.7537
June	33.6829	32.9354	33.3523
July	33.0300	32.6470	32.8673
August	33.0650	32.1991	32.6923
September	32.3669	31.8043	32.1335
October	32.0683	31.5692	31.7803
November	32.4806	31.9712	32.2676
December	32.4672	32.1211	32.2377