YEARLY HIGH
4.8874 HKD
YEARLY LOW
4.4671 HKD
YEARLY AVERAGE
4.7019 HKD

2021 BGN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 4.8874. Conversely, the yearly low was recorded on November 24, dropping to 4.4671.

This high-to-low spread represents a total annual volatility of 0.4203 HKD. From a start-to-finish perspective, comparing the January average rate of 4.8249 to the December average rate of 4.5058, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.8874 was up 0.38% compared to the 2020 peak of 4.8689, 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 24,437 HKD
2020 Average 22,637 HKD
Yearly Trough Low 22,335 HKD
Transaction Impact: A difference of 2,101.47 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.8568
4.4739
JanuMarcMayJulySeptNove

BGN to HKD 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 4.7819, compared to 4.6219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1600 points.

H1 Avg (Jan–Jun) 4.7819
H2 Avg (Jul–Dec) 4.6219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1498 HKD (High: 4.6169 / Low: 4.4671). On the other end, December was the most stable month, with a tight range of 0.0415 HKD (High: 4.5263 / Low: 4.4849).

November Spread (Volatile) ±0.1498
December Spread (Stable) ±0.0415

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 0.0780 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4.8249) against the same month in 2020 (average: 4.4129), the exchange rate shifted by +0.4120 (+9.34%).

2021 Avg (January) 4.8249
2020 Avg (January) 4.4129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.8874 4.7835 4.8249
February 4.8283 4.7479 4.7955
March 4.7932 4.6534 4.7229
April 4.8070 4.6724 4.7501
May 4.8627 4.7697 4.8217
June 4.8515 4.7032 4.7762
July 4.7182 4.6758 4.6982
August 4.7196 4.6505 4.6836
September 4.7240 4.6103 4.6861
October 4.6448 4.5868 4.6131
November 4.6169 4.4671 4.5442
December 4.5263 4.4849 4.5058