2021 BGN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BGN to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1458.7289. Conversely, the yearly low was recorded on March 8, dropping to 310.8716.
This high-to-low spread represents a total annual volatility of 1147.8573 SYP. From a start-to-finish perspective, comparing the January average rate of 319.1544 to the December average rate of 1451.5608, the exchange rate registered a net change of 354.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1458.7289 was up 352.86% compared to the 2020 peak of 322.1155, 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 SYP 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 567.0404, compared to 915.7673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 348.7269 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 728.8979 SYP (High: 1456.3824 / Low: 727.4845). On the other end, February was the most stable month, with a tight range of 5.3873 SYP (High: 319.4592 / Low: 314.0719).
Growth Streaks & Declines
TrendsBetween February and May, 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 June and July, when the average rate fell by 13.5446 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 1451.5608) against the same month in 2020 (average: 319.1420), the exchange rate shifted by +1132.4188 (+354.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 323.2617 | 316.4601 | 319.1544 |
| February | 319.4592 | 314.0719 | 317.1591 |
| March | 759.7200 | 310.8716 | 442.1675 |
| April | 778.7857 | 755.7271 | 768.8562 |
| May | 787.9571 | 772.0554 | 780.9051 |
| June | 786.2639 | 762.1424 | 774.0004 |
| July | 763.8111 | 756.7469 | 760.4558 |
| August | 763.3723 | 750.8264 | 756.7249 |
| September | 764.3233 | 744.5711 | 757.4338 |
| October | 750.7227 | 741.1982 | 745.5139 |
| November | 1456.3824 | 727.4845 | 1022.9146 |
| December | 1458.7289 | 1444.1880 | 1451.5608 |