2021 BTN to BGN Historical Review

YEARLY HIGH

0.0235 BGN

YEARLY LOW

0.0216 BGN

YEARLY AVERAGE

0.0224 BGN

2021 BTN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0235. Conversely, the yearly low was recorded on April 23, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0019 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0230, the exchange rate registered a net change of 4.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0235 was down 7.40% compared to the 2020 peak of 0.0254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117 BGN

2020 Average 116 BGN

Yearly Trough Low 108 BGN

Transaction Impact: A difference of 9.39 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0231

0.0219

JanuMarcMayJulySeptNove

BTN 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 0.0222, compared to 0.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0222

H2 Avg (Jul–Dec) 0.0226

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0011 BGN (High: 0.0227 / Low: 0.0216). On the other end, July was the most stable month, with a tight range of 0.0002 BGN (High: 0.0223 / Low: 0.0221).

April Spread (Volatile) ±0.0011

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0230) against the same month in 2020 (average: 0.0222), the exchange rate shifted by +0.0008 (+3.57%).

2021 Avg (November) 0.0230

2020 Avg (November) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0222	0.0217	0.0220
February	0.0224	0.0221	0.0222
March	0.0229	0.0221	0.0226
April	0.0227	0.0216	0.0220
May	0.0221	0.0218	0.0220
June	0.0223	0.0219	0.0221
July	0.0223	0.0221	0.0222
August	0.0227	0.0222	0.0224
September	0.0228	0.0224	0.0226
October	0.0228	0.0224	0.0225
November	0.0235	0.0225	0.0230
December	0.0232	0.0227	0.0230