YEARLY HIGH
0.0180 BGN
YEARLY LOW
0.0171 BGN
YEARLY AVERAGE
0.0177 BGN

2021 CVE to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.0180. Conversely, the yearly low was recorded on June 28, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 0.0009 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0177, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0180 was down 0.55% compared to the 2020 peak of 0.0181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 BGN
2020 Average 88 BGN
Yearly Trough Low 86 BGN
Transaction Impact: A difference of 4.32 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0177
0.0176
JanuMarcMayJulySeptNove

CVE 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 0.0177, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0177
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0009 BGN (High: 0.0180 / Low: 0.0171). On the other end, September was the most stable month, with a tight range of 0.0001 BGN (High: 0.0177 / Low: 0.0176).

June Spread (Volatile) ±0.0009
September Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0177) against the same month in 2020 (average: 0.0177), the exchange rate shifted by +0.0000 (+0.01%).

2021 Avg (June) 0.0177
2020 Avg (June) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0177 0.0176 0.0177
February 0.0177 0.0176 0.0177
March 0.0177 0.0176 0.0177
April 0.0178 0.0175 0.0177
May 0.0178 0.0174 0.0177
June 0.0180 0.0171 0.0177
July 0.0177 0.0175 0.0177
August 0.0178 0.0176 0.0177
September 0.0177 0.0176 0.0177
October 0.0179 0.0176 0.0177
November 0.0179 0.0176 0.0177
December 0.0177 0.0176 0.0177