YEARLY HIGH
59.6206 ARS
YEARLY LOW
52.6407 ARS
YEARLY AVERAGE
57.4362 ARS

2021 BGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 59.6206. Conversely, the yearly low was recorded on January 3, dropping to 52.6407.

This high-to-low spread represents a total annual volatility of 6.9799 ARS. From a start-to-finish perspective, comparing the January average rate of 53.4547 to the December average rate of 58.8403, the exchange rate registered a net change of 10.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 59.6206 was up 12.82% compared to the 2020 peak of 52.8469, 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 298,103 ARS
2020 Average 206,688 ARS
Yearly Trough Low 263,204 ARS
Transaction Impact: A difference of 34,899.48 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

59.7260
52.8846
JanuMarcMayJulySeptNove

BGN to ARS 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: JanтАУJun) was 56.2161, compared to 58.6562 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 2.4401 points.

H1 Avg (JanтАУJun) 56.2161
H2 Avg (JulтАУDec) 58.6562

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.9770 ARS (High: 57.8744 / Low: 54.8974). On the other end, July was the most stable month, with a tight range of 0.7942 ARS (High: 58.6589 / Low: 57.8647).

April Spread (Volatile) ┬▒2.9770
July Spread (Stable) ┬▒0.7942

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4234 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 58.8403) against the same month in 2020 (average: 51.3805), the exchange rate shifted by +7.4598 (+14.52%).

2021 Avg (December) 58.8403
2020 Avg (December) 51.3805

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 54.1648 52.6407 53.4547
February 55.8915 53.8362 54.8575
March 55.8675 54.8709 55.3645
April 57.8744 54.8974 56.6481
May 59.1757 57.5059 58.3883
June 59.2574 57.7572 58.5836
July 58.6589 57.8647 58.1601
August 59.0248 58.0385 58.4630
September 59.5233 58.4662 59.1559
October 59.5088 58.3559 58.8020
November 59.3023 57.6182 58.5160
December 59.6206 58.2858 58.8403