YEARLY HIGH
0.1111 BGN
YEARLY LOW
0.1010 BGN
YEARLY AVERAGE
0.1054 BGN

2021 EGP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.1111. Conversely, the yearly low was recorded on January 6, dropping to 0.1010.

This high-to-low spread represents a total annual volatility of 0.0100 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1023 to the December average rate of 0.1101, the exchange rate registered a net change of 7.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1111 was down 4.97% compared to the 2020 peak of 0.1169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 555 BGN
2020 Average 543 BGN
Yearly Trough Low 505 BGN
Transaction Impact: A difference of 50.04 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1109
0.1015
JanuMarcMayJulySeptNove

EGP 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 0.1035, compared to 0.1072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1035
H2 Avg (Jul–Dec) 0.1072

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0039 BGN (High: 0.1111 / Low: 0.1071). On the other end, December was the most stable month, with a tight range of 0.0009 BGN (High: 0.1106 / Low: 0.1096).

November Spread (Volatile) ±0.0039
December Spread (Stable) ±0.0009

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 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1091) against the same month in 2020 (average: 0.1055), the exchange rate shifted by +0.0036 (+3.38%).

2021 Avg (November) 0.1091
2020 Avg (November) 0.1055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1034 0.1010 0.1023
February 0.1041 0.1023 0.1032
March 0.1063 0.1032 0.1047
April 0.1066 0.1029 0.1042
May 0.1040 0.1019 0.1028
June 0.1055 0.1020 0.1037
July 0.1060 0.1048 0.1054
August 0.1067 0.1049 0.1059
September 0.1074 0.1048 0.1057
October 0.1080 0.1066 0.1073
November 0.1111 0.1071 0.1091
December 0.1106 0.1096 0.1101