2021 BGN to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BGN to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 498.8685. Conversely, the yearly low was recorded on November 24, dropping to 467.3817.
This high-to-low spread represents a total annual volatility of 31.4868 MWK. From a start-to-finish perspective, comparing the January average rate of 481.0977 to the December average rate of 470.9535, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 498.8685 was up 3.15% compared to the 2020 peak of 483.6124, 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 MWK 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 483.9276, compared to 482.9460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9816 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 19.8318 MWK (High: 491.1800 / Low: 471.3482). On the other end, December was the most stable month, with a tight range of 4.4675 MWK (High: 473.2421 / Low: 468.7747).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 7.9572 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 492.3095) against the same month in 2020 (average: 410.6802), the exchange rate shifted by +81.6293 (+19.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 485.6358 | 476.2213 | 481.0977 |
| February | 486.3448 | 472.0979 | 481.2059 |
| March | 482.2496 | 469.5850 | 476.0068 |
| April | 491.1800 | 471.3482 | 481.0814 |
| May | 498.8685 | 486.3809 | 492.3095 |
| June | 498.6814 | 481.6769 | 491.8644 |
| July | 493.7036 | 482.8615 | 488.4055 |
| August | 493.2581 | 484.3232 | 488.8243 |
| September | 493.8751 | 482.9005 | 489.8333 |
| October | 486.9871 | 480.7420 | 483.8085 |
| November | 484.1743 | 467.3817 | 475.8513 |
| December | 473.2421 | 468.7747 | 470.9535 |