YEARLY HIGH
26541.8947 IRR
YEARLY LOW
24201.3553 IRR
YEARLY AVERAGE
25502.0803 IRR

2021 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 26541.8947. Conversely, the yearly low was recorded on November 24, dropping to 24201.3553.

This high-to-low spread represents a total annual volatility of 2340.5394 IRR. From a start-to-finish perspective, comparing the January average rate of 26204.3942 to the December average rate of 24416.5606, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 26541.8947 was down 30.48% compared to the 2020 peak of 38178.7947, 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 132,709,473 IRR
2020 Average 123,084,823 IRR
Yearly Trough Low 121,006,776 IRR
Transaction Impact: A difference of 11,702,696.88 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

26383.1776
24237.7772
JanuMarcMayJulySeptNove

BGN to IRR 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 25942.7129, compared to 25061.4478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 881.2652 points.

H1 Avg (Jan–Jun) 25942.7129
H2 Avg (Jul–Dec) 25061.4478

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 859.1381 IRR (High: 25060.4934 / Low: 24201.3553). On the other end, July was the most stable month, with a tight range of 240.9305 IRR (High: 25596.8706 / Low: 25355.9401).

November Spread (Volatile) ±859.1381
July Spread (Stable) ±240.9305

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 433.6701 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -433.6701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 26204.3942) against the same month in 2020 (average: 23903.1216), the exchange rate shifted by +2301.2726 (+9.63%).

2021 Avg (January) 26204.3942
2020 Avg (January) 23903.1216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26541.8947 25976.7490 26204.3942
February 26218.2080 25786.0283 26042.1419
March 26015.5519 25198.7533 25610.7858
April 26073.4838 25300.5359 25741.2280
May 26375.3817 25848.0182 26145.0208
June 26325.0527 25510.6987 25912.7068
July 25596.8706 25355.9401 25479.0367
August 25587.4160 25162.5657 25375.5663
September 25642.4982 24998.5198 25418.9637
October 25229.8303 24871.7949 25032.4133
November 25060.4934 24201.3553 24646.1459
December 24544.3831 24285.3497 24416.5606