YEARLY HIGH
56.7155 INR
YEARLY LOW
53.7867 INR
YEARLY AVERAGE
55.0202 INR

2021 BND to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 56.7155. Conversely, the yearly low was recorded on March 27, dropping to 53.7867.

This high-to-low spread represents a total annual volatility of 2.9287 INR. From a start-to-finish perspective, comparing the January average rate of 55.1036 to the December average rate of 55.3152, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 56.7155 was up 2.06% compared to the 2020 peak of 55.5720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 283,577 INR
2020 Average 268,785 INR
Yearly Trough Low 268,934 INR
Transaction Impact: A difference of 14,643.69 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

55.9285
54.0825
JanuMarcMayJulySeptNove

BND to INR 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 55.0396, compared to 55.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0387 points.

H1 Avg (Jan–Jun) 55.0396
H2 Avg (Jul–Dec) 55.0009

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.2949 INR (High: 56.7155 / Low: 54.4205). On the other end, August was the most stable month, with a tight range of 0.6154 INR (High: 54.9878 / Low: 54.3724).

April Spread (Volatile) ±2.2949
August Spread (Stable) ±0.6154

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7218 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 55.7747) against the same month in 2020 (average: 53.5208), the exchange rate shifted by +2.2539 (+4.21%).

2021 Avg (April) 55.7747
2020 Avg (April) 53.5208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.6054 54.8513 55.1036
February 55.8443 54.3926 54.8632
March 55.0457 53.7867 54.2363
April 56.7155 54.4205 55.7747
May 55.8023 54.7164 55.0529
June 55.6667 54.8749 55.2066
July 55.5874 54.4281 55.0411
August 54.9878 54.3724 54.6993
September 54.9077 54.1911 54.6264
October 55.9137 54.6146 55.4643
November 55.4938 54.4742 54.8591
December 55.8703 54.8300 55.3152