YEARLY HIGH
189.3738 HUF
YEARLY LOW
176.5348 HUF
YEARLY AVERAGE
183.3098 HUF

2021 BGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 189.3738. Conversely, the yearly low was recorded on June 10, dropping to 176.5348.

This high-to-low spread represents a total annual volatility of 12.8390 HUF. From a start-to-finish perspective, comparing the January average rate of 183.7651 to the December average rate of 187.7189, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 189.3738 was up 0.52% compared to the 2020 peak of 188.3860, 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 946,869 HUF
2020 Average 897,688 HUF
Yearly Trough Low 882,674 HUF
Transaction Impact: A difference of 64,195.00 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

188.5965
178.0655
JanuMarcMayJulySeptNove

BGN to HUF 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 183.0265, compared to 183.5931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5665 points.

H1 Avg (Jan–Jun) 183.0265
H2 Avg (Jul–Dec) 183.5931

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 7.5307 HUF (High: 185.3284 / Low: 177.7977). On the other end, January was the most stable month, with a tight range of 3.0588 HUF (High: 185.4345 / Low: 182.3758).

September Spread (Volatile) ±7.5307
January Spread (Stable) ±3.0588

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.5837 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.5837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 186.5850) against the same month in 2020 (average: 184.0596), the exchange rate shifted by +2.5253 (+1.37%).

2021 Avg (November) 186.5850
2020 Avg (November) 184.0596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 185.4345 182.3758 183.7651
February 186.0146 181.7627 183.3304
March 188.5730 184.9191 186.9952
April 186.0153 182.4513 184.3545
May 184.3344 177.0398 180.7708
June 181.8279 176.5348 178.9431
July 184.8139 179.5239 182.6252
August 183.1481 177.9541 179.8759
September 185.3284 177.7977 180.2848
October 187.1629 182.4244 184.4685
November 189.3738 183.2199 186.5850
December 189.1774 185.5617 187.7189