YEARLY HIGH
95.3429 JMD
YEARLY LOW
86.7470 JMD
YEARLY AVERAGE
91.0902 JMD

2021 BGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 95.3429. Conversely, the yearly low was recorded on October 3, dropping to 86.7470.

This high-to-low spread represents a total annual volatility of 8.5959 JMD. From a start-to-finish perspective, comparing the January average rate of 89.7215 to the December average rate of 89.1941, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 95.3429 was up 4.37% compared to the 2020 peak of 91.3548, 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 476,715 JMD
2020 Average 414,651 JMD
Yearly Trough Low 433,735 JMD
Transaction Impact: A difference of 42,979.59 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

94.0223
88.6847
JanuMarcMayJulySeptNove

BGN to JMD 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 91.5165, compared to 90.6640 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.8524 points.

H1 Avg (JanтАУJun) 91.5165
H2 Avg (JulтАУDec) 90.6640

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 7.7018 JMD (High: 95.3429 / Low: 87.6412). On the other end, December was the most stable month, with a tight range of 1.3749 JMD (High: 89.9567 / Low: 88.5819).

April Spread (Volatile) ┬▒7.7018
December Spread (Stable) ┬▒1.3749

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 February and March, when the average rate fell by 2.9750 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.9750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 91.4366) against the same month in 2020 (average: 76.4324), the exchange rate shifted by +15.0042 (+19.63%).

2021 Avg (April) 91.4366
2020 Avg (April) 76.4324

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Month High Low Average
January 90.8371 88.7978 89.7215
February 94.2283 90.3550 92.6474
March 93.0156 87.0397 89.6724
April 95.3429 87.6412 91.4366
May 94.8624 92.7876 93.5775
June 93.2409 90.8363 92.0433
July 94.1326 90.1959 92.4047
August 94.0432 91.3723 92.6010
September 91.9058 87.3377 89.9812
October 92.2221 86.7470 89.1295
November 91.9700 89.4146 90.6735
December 89.9567 88.5819 89.1941