YEARLY HIGH
0.0349 BGN
YEARLY LOW
0.0326 BGN
YEARLY AVERAGE
0.0336 BGN

2021 PHP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0349. Conversely, the yearly low was recorded on July 19, dropping to 0.0326.

This high-to-low spread represents a total annual volatility of 0.0023 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0334 to the December average rate of 0.0344, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0349 was down 3.03% compared to the 2020 peak of 0.0360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 8,719 BGN
2020 Average 8,644 BGN
Yearly Trough Low 8,139 BGN
Transaction Impact: A difference of 580.13 BGN purely based on transaction execution date.

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0.0345
0.0329
JanuMarcMayJulySeptNove

PHP 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 0.0337, compared to 0.0335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0337
H2 Avg (Jul–Dec) 0.0335

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0013 BGN (High: 0.0346 / Low: 0.0333). On the other end, October was the most stable month, with a tight range of 0.0004 BGN (High: 0.0335 / Low: 0.0331).

November Spread (Volatile) Âą0.0013
October Spread (Stable) Âą0.0004

Growth Streaks & Declines

Trends

Between September and December, 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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0344) against the same month in 2020 (average: 0.0334), the exchange rate shifted by +0.0010 (+2.93%).

2021 Avg (December) 0.0344
2020 Avg (December) 0.0334

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Month High Low Average
January 0.0337 0.0330 0.0334
February 0.0340 0.0328 0.0335
March 0.0344 0.0334 0.0339
April 0.0344 0.0333 0.0338
May 0.0340 0.0332 0.0336
June 0.0340 0.0335 0.0337
July 0.0336 0.0326 0.0331
August 0.0340 0.0327 0.0331
September 0.0333 0.0327 0.0331
October 0.0335 0.0331 0.0333
November 0.0346 0.0333 0.0341
December 0.0349 0.0337 0.0344