YEARLY HIGH
6443.4067 GNF
YEARLY LOW
5352.9678 GNF
YEARLY AVERAGE
5957.0158 GNF

2021 BGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 6443.4067. Conversely, the yearly low was recorded on December 17, dropping to 5352.9678.

This high-to-low spread represents a total annual volatility of 1090.4389 GNF. From a start-to-finish perspective, comparing the January average rate of 6351.1117 to the December average rate of 5438.4841, the exchange rate registered a net change of -14.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6443.4067 was up 2.49% compared to the 2020 peak of 6286.8473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,217,033 GNF
2020 Average 28,094,422 GNF
Yearly Trough Low 26,764,839 GNF
Transaction Impact: A difference of 5,452,194.36 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6442.3744
5347.2214
JanuMarcMayJulySeptNove

BGN to GNF 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 6171.2988, compared to 5742.7328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 428.5659 points.

H1 Avg (Jan–Jun) 6171.2988
H2 Avg (Jul–Dec) 5742.7328

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 276.5683 GNF (High: 5708.8410 / Low: 5432.2727). On the other end, July was the most stable month, with a tight range of 89.5461 GNF (High: 5972.6176 / Low: 5883.0714).

November Spread (Volatile) ±276.5683
July Spread (Stable) ±89.5461

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 October and November, when the average rate fell by 199.3839 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -199.3839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6351.1117) against the same month in 2020 (average: 5384.3399), the exchange rate shifted by +966.7718 (+17.96%).

2021 Avg (January) 6351.1117
2020 Avg (January) 5384.3399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6443.4067 6246.3938 6351.1117
February 6386.3594 6212.6036 6291.1115
March 6252.7040 6003.9018 6124.4475
April 6141.9742 6007.1575 6094.3718
May 6171.7834 6075.0858 6125.2123
June 6135.4952 5950.4585 6041.5378
July 5972.6176 5883.0714 5930.1113
August 5936.3741 5834.9152 5884.3478
September 5947.9352 5780.9350 5888.8673
October 5793.5063 5692.5846 5756.9852
November 5708.8410 5432.2727 5557.6013
December 5495.2754 5352.9678 5438.4841