YEARLY HIGH
15.6856 HNL
YEARLY LOW
13.8267 HNL
YEARLY AVERAGE
14.5836 HNL

2021 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 15.6856. Conversely, the yearly low was recorded on November 25, dropping to 13.8267.

This high-to-low spread represents a total annual volatility of 1.8589 HNL. From a start-to-finish perspective, comparing the January average rate of 15.0881 to the December average rate of 14.0296, the exchange rate registered a net change of -7.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.6856 was up 3.19% compared to the 2020 peak of 15.2008, 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 78,428 HNL
2020 Average 72,171 HNL
Yearly Trough Low 69,134 HNL
Transaction Impact: A difference of 9,294.32 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.1939
13.9238
JanuMarcMayJulySeptNove

BGN to HNL 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 14.8823, compared to 14.2849 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.5974 points.

H1 Avg (JanтАУJun) 14.8823
H2 Avg (JulтАУDec) 14.2849

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.7889 HNL (High: 15.6856 / Low: 14.8967). On the other end, October was the most stable month, with a tight range of 0.2275 HNL (High: 14.4301 / Low: 14.2026).

January Spread (Volatile) ┬▒0.7889
October Spread (Stable) ┬▒0.2275

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 0.3647 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3647

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 15.0881) against the same month in 2020 (average: 14.0705), the exchange rate shifted by +1.0176 (+7.23%).

2021 Avg (January) 15.0881
2020 Avg (January) 14.0705

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 15.6856 14.8967 15.0881
February 15.1075 14.8497 14.9933
March 15.0100 14.4349 14.7257
April 14.9402 14.4345 14.7258
May 15.0924 14.7959 14.9596
June 15.0616 14.4940 14.8011
July 14.5570 14.2699 14.4363
August 14.5065 14.1568 14.3119
September 14.6277 14.3078 14.5144
October 14.4301 14.2026 14.3247
November 14.3338 13.8267 14.0921
December 14.1664 13.9070 14.0296