YEARLY HIGH
1458.7289 SYP
YEARLY LOW
310.8716 SYP
YEARLY AVERAGE
741.4039 SYP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 7,293,644 SYP
2020 Average 1,497,853 SYP
Yearly Trough Low 1,554,358 SYP
Transaction Impact: A difference of 5,739,286.48 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1565.0010
203.7189
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 567.0404
H2 Avg (Jul–Dec) 915.7673

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±728.8979
February Spread (Stable) ±5.3873

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.5446

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (December) 1451.5608
2020 Avg (December) 319.1420

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