YEARLY HIGH
4.0800 CNY
YEARLY LOW
3.6619 CNY
YEARLY AVERAGE
3.9035 CNY

2021 BGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 4.0800. Conversely, the yearly low was recorded on November 24, dropping to 3.6619.

This high-to-low spread represents a total annual volatility of 0.4182 CNY. From a start-to-finish perspective, comparing the January average rate of 4.0293 to the December average rate of 3.6803, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.0800 was down 3.89% compared to the 2020 peak of 4.2452, 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 20,400 CNY
2020 Average 20,125 CNY
Yearly Trough Low 18,309 CNY
Transaction Impact: A difference of 2,090.77 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.0642
3.6454
JanuMarcMayJulySeptNove

BGN to CNY 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 3.9872, compared to 3.8197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1674 points.

H1 Avg (Jan–Jun) 3.9872
H2 Avg (Jul–Dec) 3.8197

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1385 CNY (High: 3.8003 / Low: 3.6619). On the other end, December was the most stable month, with a tight range of 0.0308 CNY (High: 3.6955 / Low: 3.6647).

November Spread (Volatile) ±0.1385
December Spread (Stable) ±0.0308

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 September and October, when the average rate fell by 0.0818 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4.0293) against the same month in 2020 (average: 3.9309), the exchange rate shifted by +0.0984 (+2.50%).

2021 Avg (January) 4.0293
2020 Avg (January) 3.9309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0800 3.9879 4.0293
February 4.0227 3.9635 3.9986
March 3.9979 3.9230 3.9608
April 4.0176 3.9460 3.9881
May 4.0230 3.9705 3.9922
June 3.9927 3.9098 3.9541
July 3.9385 3.8946 3.9161
August 3.9251 3.8777 3.8982
September 3.9244 3.8170 3.8893
October 3.8291 3.7852 3.8075
November 3.8003 3.6619 3.7271
December 3.6955 3.6647 3.6803