YEARLY HIGH
2.4623 BGN
YEARLY LOW
2.2375 BGN
YEARLY AVERAGE
2.3329 BGN

2021 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 2.4623. Conversely, the yearly low was recorded on January 6, dropping to 2.2375.

This high-to-low spread represents a total annual volatility of 0.2248 BGN. From a start-to-finish perspective, comparing the January average rate of 2.2666 to the December average rate of 2.4413, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4623 was down 4.75% compared to the 2020 peak of 2.5850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,311 BGN
2020 Average 12,100 BGN
Yearly Trough Low 11,187 BGN
Transaction Impact: A difference of 1,124.19 BGN purely based on transaction execution date.

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2.4588
2.2492
JanuMarcMayJulySeptNove

JOD to BGN 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 2.2896, compared to 2.3762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0866 points.

H1 Avg (Jan–Jun) 2.2896
H2 Avg (Jul–Dec) 2.3762

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0847 BGN (High: 2.4623 / Low: 2.3776). On the other end, July was the most stable month, with a tight range of 0.0207 BGN (High: 2.3436 / Low: 2.3228).

November Spread (Volatile) Âą0.0847
July Spread (Stable) Âą0.0207

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0357 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 2.4184) against the same month in 2020 (average: 2.3292), the exchange rate shifted by +0.0892 (+3.83%).

2021 Avg (November) 2.4184
2020 Avg (November) 2.3292

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Month High Low Average
January 2.2861 2.2375 2.2666
February 2.3030 2.2651 2.2808
March 2.3567 2.2827 2.3191
April 2.3472 2.2777 2.3072
May 2.2975 2.2516 2.2715
June 2.3283 2.2559 2.2923
July 2.3436 2.3228 2.3326
August 2.3629 2.3232 2.3441
September 2.3821 2.3211 2.3420
October 2.3928 2.3619 2.3787
November 2.4623 2.3776 2.4184
December 2.4552 2.4286 2.4413