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2021 BGN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 1236.6498. Conversely, the yearly low was recorded on November 24, dropping to 1141.9481.
This high-to-low spread represents a total annual volatility of 94.7017 BIF. From a start-to-finish perspective, comparing the January average rate of 1211.4483 to the December average rate of 1154.1264, the exchange rate registered a net change of -4.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 1236.6498 was up 1.39% compared to the 2020 peak of 1219.6731, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
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BGN to BIF 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: JanâJun) was 1206.9920, compared to 1181.3583 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 25.6337 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 47.5214 BIF (High: 1216.3841 / Low: 1168.8627). On the other end, July was the most stable month, with a tight range of 13.5193 BIF (High: 1205.4435 / Low: 1191.9242).
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 June and July, when the average rate fell by 19.1763 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 1222.7258) against the same month in 2020 (average: 1061.7717), the exchange rate shifted by +160.9541 (+15.16%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 1224.1451 | 1198.8114 | 1211.4483 |
| February | 1216.0675 | 1193.9668 | 1206.5066 |
| March | 1206.1799 | 1169.8652 | 1189.2227 |
| April | 1216.3841 | 1168.8627 | 1194.5016 |
| May | 1236.6498 | 1200.3504 | 1222.7258 |
| June | 1235.2884 | 1199.8734 | 1217.5469 |
| July | 1205.4435 | 1191.9242 | 1198.3705 |
| August | 1204.4637 | 1182.6375 | 1193.7096 |
| September | 1206.2639 | 1178.5620 | 1197.7824 |
| October | 1190.8517 | 1171.8857 | 1181.4174 |
| November | 1181.3893 | 1141.9481 | 1162.7434 |
| December | 1163.2093 | 1148.5113 | 1154.1264 |