YEARLY HIGH
0.5146 EUR
YEARLY LOW
0.5085 EUR
YEARLY AVERAGE
0.5113 EUR

2021 BGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5146. Conversely, the yearly low was recorded on April 5, dropping to 0.5085.

This high-to-low spread represents a total annual volatility of 0.0061 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5115 to the December average rate of 0.5110, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5146 was up 0.25% compared to the 2020 peak of 0.5134, 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 2,573 EUR
2020 Average 2,556 EUR
Yearly Trough Low 2,542 EUR
Transaction Impact: A difference of 30.75 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5117
0.5110
JanuMarcMayJulySeptNove

BGN to EUR 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 0.5113, compared to 0.5113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5113
H2 Avg (Jul–Dec) 0.5113

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0050 EUR (High: 0.5146 / Low: 0.5097). On the other end, October was the most stable month, with a tight range of 0.0010 EUR (High: 0.5118 / Low: 0.5108).

January Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5115) against the same month in 2020 (average: 0.5113), the exchange rate shifted by +0.0002 (+0.04%).

2021 Avg (January) 0.5115
2020 Avg (January) 0.5113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5146 0.5097 0.5115
February 0.5133 0.5104 0.5114
March 0.5122 0.5089 0.5112
April 0.5120 0.5085 0.5111
May 0.5121 0.5096 0.5112
June 0.5120 0.5104 0.5113
July 0.5120 0.5106 0.5113
August 0.5123 0.5102 0.5112
September 0.5143 0.5109 0.5117
October 0.5118 0.5108 0.5113
November 0.5127 0.5107 0.5114
December 0.5121 0.5096 0.5110