YEARLY HIGH
0.5639 BGN
YEARLY LOW
0.4672 BGN
YEARLY AVERAGE
0.5150 BGN

2021 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5639. Conversely, the yearly low was recorded on May 7, dropping to 0.4672.

This high-to-low spread represents a total annual volatility of 0.0967 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4865 to the December average rate of 0.5589, the exchange rate registered a net change of 14.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5639 was down 12.79% compared to the 2020 peak of 0.6466, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 2,820 BGN
2020 Average 2,766 BGN
Yearly Trough Low 2,336 BGN
Transaction Impact: A difference of 483.45 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5672
0.4680
JanuMarcMayJulySeptNove

GEL to BGN 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 0.4894, compared to 0.5407 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0513 points.

H1 Avg (JanтАУJun) 0.4894
H2 Avg (JulтАУDec) 0.5407

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0324 BGN (High: 0.5230 / Low: 0.4906). On the other end, August was the most stable month, with a tight range of 0.0074 BGN (High: 0.5391 / Low: 0.5317).

June Spread (Volatile) ┬▒0.0324
August Spread (Stable) ┬▒0.0074

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0165 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5589) against the same month in 2020 (average: 0.4879), the exchange rate shifted by +0.0710 (+14.56%).

2021 Avg (December) 0.5589
2020 Avg (December) 0.4879

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 0.4912 0.4793 0.4865
February 0.4926 0.4830 0.4879
March 0.4956 0.4868 0.4928
April 0.4862 0.4674 0.4763
May 0.4920 0.4672 0.4775
June 0.5230 0.4906 0.5153
July 0.5390 0.5217 0.5299
August 0.5391 0.5317 0.5360
September 0.5431 0.5301 0.5343
October 0.5423 0.5316 0.5383
November 0.5613 0.5326 0.5468
December 0.5639 0.5529 0.5589