2021 BGN to AZN Historical Review

YEARLY HIGH

1.0721 AZN

YEARLY LOW

0.9742 AZN

YEARLY AVERAGE

1.0289 AZN

2021 BGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.0721. Conversely, the yearly low was recorded on November 24, dropping to 0.9742.

This high-to-low spread represents a total annual volatility of 0.0979 AZN. From a start-to-finish perspective, comparing the January average rate of 1.0585 to the December average rate of 0.9825, the exchange rate registered a net change of -7.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0721 was up 0.27% compared to the 2020 peak of 1.0693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,361 AZN

2020 Average 4,969 AZN

Yearly Trough Low 4,871 AZN

Transaction Impact: A difference of 489.50 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0661

0.9749

JanuMarcMayJulySeptNove

BGN to AZN 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 1.0479, compared to 1.0099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 1.0479

H2 Avg (Jul–Dec) 1.0099

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0347 AZN (High: 1.0089 / Low: 0.9742). On the other end, July was the most stable month, with a tight range of 0.0091 AZN (High: 1.0327 / Low: 1.0236).

November Spread (Volatile) ±0.0347

July Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between March and May, 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 0.0182 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.0585) against the same month in 2020 (average: 0.9665), the exchange rate shifted by +0.0920 (+9.52%).

2021 Avg (January) 1.0585

2020 Avg (January) 0.9665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0721	1.0493	1.0585
February	1.0591	1.0416	1.0520
March	1.0509	1.0179	1.0345
April	1.0532	1.0220	1.0398
May	1.0654	1.0441	1.0561
June	1.0634	1.0305	1.0466
July	1.0327	1.0236	1.0285
August	1.0326	1.0152	1.0234
September	1.0335	1.0070	1.0244
October	1.0156	1.0025	1.0085
November	1.0089	0.9742	0.9921
December	0.9870	0.9776	0.9825