YEARLY HIGH
0.0115 BGN
YEARLY LOW
0.0105 BGN
YEARLY AVERAGE
0.0110 BGN

2021 JMD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0115. Conversely, the yearly low was recorded on April 28, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0010 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0112, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0115 was down 14.92% compared to the 2020 peak of 0.0135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 BGN
2020 Average 61 BGN
Yearly Trough Low 52 BGN
Transaction Impact: A difference of 5.20 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0113
0.0106
JanuMarcMayJulySeptNove

JMD 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 0.0109, compared to 0.0110 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0001 points.

H1 Avg (JanтАУJun) 0.0109
H2 Avg (JulтАУDec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0009 BGN (High: 0.0114 / Low: 0.0105). On the other end, December was the most stable month, with a tight range of 0.0002 BGN (High: 0.0113 / Low: 0.0111).

April Spread (Volatile) ┬▒0.0009
December Spread (Stable) ┬▒0.0002

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.0112) against the same month in 2020 (average: 0.0115), the exchange rate shifted by -0.0003 (-2.46%).

2021 Avg (October) 0.0112
2020 Avg (October) 0.0115

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Month High Low Average
January 0.0113 0.0110 0.0111
February 0.0111 0.0106 0.0108
March 0.0115 0.0108 0.0112
April 0.0114 0.0105 0.0109
May 0.0108 0.0105 0.0107
June 0.0110 0.0107 0.0109
July 0.0111 0.0106 0.0108
August 0.0109 0.0106 0.0108
September 0.0114 0.0109 0.0111
October 0.0115 0.0108 0.0112
November 0.0112 0.0109 0.0110
December 0.0113 0.0111 0.0112