YEARLY HIGH
2.3317 BGN
YEARLY LOW
2.1613 BGN
YEARLY AVERAGE
2.2747 BGN

2021 GBP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GBP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3317. Conversely, the yearly low was recorded on January 6, dropping to 2.1613.

This high-to-low spread represents a total annual volatility of 0.1704 BGN. From a start-to-finish perspective, comparing the January average rate of 2.1924 to the December average rate of 2.3036, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3317 was down 0.97% compared to the 2020 peak of 2.3545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,659 BGN
2020 Average 11,003 BGN
Yearly Trough Low 10,806 BGN
Transaction Impact: A difference of 852.19 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3195
2.1808
JanuMarcMayJulySeptNove

GBP 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 2.2536, compared to 2.2959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0423 points.

H1 Avg (Jan–Jun) 2.2536
H2 Avg (Jul–Dec) 2.2959

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0734 BGN (High: 2.3153 / Low: 2.2419). On the other end, June was the most stable month, with a tight range of 0.0257 BGN (High: 2.2893 / Low: 2.2636).

April Spread (Volatile) ±0.0734
June Spread (Stable) ±0.0257

Growth Streaks & Declines

Trends

Between April and August, 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 0.0152 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.3036) against the same month in 2020 (average: 2.1612), the exchange rate shifted by +0.1424 (+6.59%).

2021 Avg (December) 2.3036
2020 Avg (December) 2.1612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2109 2.1613 2.1924
February 2.2770 2.2166 2.2431
March 2.3027 2.2584 2.2784
April 2.3153 2.2419 2.2633
May 2.2788 2.2460 2.2671
June 2.2893 2.2636 2.2772
July 2.2997 2.2631 2.2848
August 2.3112 2.2752 2.2926
September 2.2934 2.2507 2.2815
October 2.3211 2.2846 2.3080
November 2.3317 2.2814 2.3049
December 2.3317 2.2777 2.3036