YEARLY HIGH
0.4627 GBP
YEARLY LOW
0.4289 GBP
YEARLY AVERAGE
0.4397 GBP

2021 BGN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4627. Conversely, the yearly low was recorded on December 30, dropping to 0.4289.

This high-to-low spread represents a total annual volatility of 0.0338 GBP. From a start-to-finish perspective, comparing the January average rate of 0.4562 to the December average rate of 0.4341, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4627 was down 4.01% compared to the 2020 peak of 0.4820, 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 2,313 GBP
2020 Average 2,274 GBP
Yearly Trough Low 2,144 GBP
Transaction Impact: A difference of 169.10 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4584
0.4310
JanuMarcMayJulySeptNove

BGN to GBP 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 0.4438, compared to 0.4356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.4438
H2 Avg (Jul–Dec) 0.4356

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0141 GBP (High: 0.4460 / Low: 0.4319). On the other end, June was the most stable month, with a tight range of 0.0050 GBP (High: 0.4418 / Low: 0.4368).

April Spread (Volatile) ±0.0141
June Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0103 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.4562) against the same month in 2020 (average: 0.4342), the exchange rate shifted by +0.0220 (+5.07%).

2021 Avg (January) 0.4562
2020 Avg (January) 0.4342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4627 0.4523 0.4562
February 0.4511 0.4392 0.4458
March 0.4428 0.4343 0.4389
April 0.4460 0.4319 0.4419
May 0.4452 0.4388 0.4411
June 0.4418 0.4368 0.4391
July 0.4419 0.4348 0.4377
August 0.4395 0.4327 0.4362
September 0.4443 0.4360 0.4383
October 0.4377 0.4308 0.4333
November 0.4383 0.4289 0.4339
December 0.4390 0.4289 0.4341