YEARLY HIGH
58.4421 CVE
YEARLY LOW
55.6327 CVE
YEARLY AVERAGE
56.5878 CVE

2021 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 58.4421. Conversely, the yearly low was recorded on June 17, dropping to 55.6327.

This high-to-low spread represents a total annual volatility of 2.8094 CVE. From a start-to-finish perspective, comparing the January average rate of 56.6113 to the December average rate of 56.6172, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 58.4421 was down 59.44% compared to the 2020 peak of 144.1028, 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 292,210 CVE
2020 Average 284,201 CVE
Yearly Trough Low 278,163 CVE
Transaction Impact: A difference of 14,047.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

56.6613
56.4108
JanuMarcMayJulySeptNove

BGN to CVE 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 56.6236, compared to 56.5521 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0715 points.

H1 Avg (JanтАУJun) 56.6236
H2 Avg (JulтАУDec) 56.5521

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.8094 CVE (High: 58.4421 / Low: 55.6327). On the other end, September was the most stable month, with a tight range of 0.2806 CVE (High: 56.6811 / Low: 56.4005).

June Spread (Volatile) ┬▒2.8094
September Spread (Stable) ┬▒0.2806

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 July and August, when the average rate fell by 0.2088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 56.6068) against the same month in 2020 (average: 56.6119), the exchange rate shifted by -0.0051 (-0.01%).

2021 Avg (June) 56.6068
2020 Avg (June) 56.6119

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 56.8912 56.4231 56.6113
February 56.8824 56.4719 56.6323
March 56.8905 56.4344 56.6191
April 57.0621 56.2467 56.6333
May 57.4498 56.2280 56.6389
June 58.4421 55.6327 56.6068
July 56.9951 56.4725 56.6404
August 56.7587 56.1180 56.4316
September 56.6811 56.4005 56.5484
October 56.9089 55.9593 56.5565
November 56.9221 55.8600 56.5182
December 56.8341 56.4800 56.6172