YEARLY HIGH
2.5441 RON
YEARLY LOW
2.4843 RON
YEARLY AVERAGE
2.5158 RON

2021 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.5441. Conversely, the yearly low was recorded on January 3, dropping to 2.4843.

This high-to-low spread represents a total annual volatility of 0.0598 RON. From a start-to-finish perspective, comparing the January average rate of 2.4908 to the December average rate of 2.5294, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5441 was up 1.91% compared to the 2020 peak of 2.4964, 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 12,721 RON
2020 Average 12,366 RON
Yearly Trough Low 12,421 RON
Transaction Impact: A difference of 299.17 RON purely based on transaction execution date.

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2.5352
2.4868
JanuMarcMayJulySeptNove

BGN to RON 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 2.5056, compared to 2.5260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 2.5056
H2 Avg (Jul–Dec) 2.5260

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0284 RON (High: 2.5271 / Low: 2.4987). On the other end, November was the most stable month, with a tight range of 0.0060 RON (High: 2.5333 / Low: 2.5273).

April Spread (Volatile) Âą0.0284
November Spread (Stable) Âą0.0060

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 2.5311) against the same month in 2020 (average: 2.4840), the exchange rate shifted by +0.0472 (+1.90%).

2021 Avg (September) 2.5311
2020 Avg (September) 2.4840

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Month High Low Average
January 2.4981 2.4843 2.4908
February 2.5025 2.4881 2.4931
March 2.5127 2.4898 2.4987
April 2.5271 2.4987 2.5160
May 2.5234 2.5009 2.5173
June 2.5210 2.5139 2.5178
July 2.5245 2.5121 2.5181
August 2.5274 2.5097 2.5168
September 2.5441 2.5237 2.5311
October 2.5324 2.5260 2.5297
November 2.5333 2.5273 2.5308
December 2.5351 2.5217 2.5294