2021 GBP to BGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 GBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |