2021 BGN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BGN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 711.8987. Conversely, the yearly low was recorded on March 31, dropping to 675.4387.
This high-to-low spread represents a total annual volatility of 36.4600 KRW. From a start-to-finish perspective, comparing the January average rate of 684.3976 to the December average rate of 684.2760, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 711.8987 was down 1.82% compared to the 2020 peak of 725.0954, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BGN to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 688.5203, compared to 695.6816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1613 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 30.4054 KRW (High: 711.4109 / Low: 681.0054). On the other end, June was the most stable month, with a tight range of 11.2222 KRW (High: 696.5991 / Low: 685.3769).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 8.9899 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2021: 706.4362) against the same month in 2020 (average: 709.5686), the exchange rate shifted by -3.1324 (-0.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 694.0515 | 678.0676 | 684.3976 |
| February | 697.1596 | 681.9053 | 687.7679 |
| March | 695.3916 | 675.4387 | 687.4370 |
| April | 689.7381 | 676.0330 | 683.9822 |
| May | 705.3517 | 687.1805 | 696.6023 |
| June | 696.5991 | 685.3769 | 690.9350 |
| July | 698.6941 | 684.9993 | 692.1438 |
| August | 705.1416 | 688.2073 | 698.3351 |
| September | 711.8987 | 700.3948 | 706.4362 |
| October | 708.0400 | 693.3195 | 700.9442 |
| November | 711.4109 | 681.0054 | 691.9543 |
| December | 690.2502 | 677.6961 | 684.2760 |