YEARLY HIGH
0.0012 BGN
YEARLY LOW
0.0009 BGN
YEARLY AVERAGE
0.0010 BGN

2021 MMK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0012. Conversely, the yearly low was recorded on October 8, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0004 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0010, the exchange rate registered a net change of -19.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0012 was down 6.38% compared to the 2020 peak of 0.0013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6 BGN
2020 Average 6 BGN
Yearly Trough Low 4 BGN
Transaction Impact: A difference of 1.81 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0012
0.0009
JanuMarcMayJulySeptNove

MMK 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 0.0011, compared to 0.0010 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0001 points.

H1 Avg (JanтАУJun) 0.0011
H2 Avg (JulтАУDec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0001 BGN (High: 0.0012 / Low: 0.0010). On the other end, July was the most stable month, with a tight range of 0.0000 BGN (High: 0.0010 / Low: 0.0010).

April Spread (Volatile) ┬▒0.0001
July Spread (Stable) ┬▒0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0012) against the same month in 2020 (average: 0.0012), the exchange rate shifted by -0.0001 (-6.54%).

2021 Avg (February) 0.0012
2020 Avg (February) 0.0012

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Month High Low Average
January 0.0012 0.0012 0.0012
February 0.0012 0.0011 0.0012
March 0.0012 0.0011 0.0012
April 0.0012 0.0010 0.0011
May 0.0010 0.0010 0.0010
June 0.0010 0.0010 0.0010
July 0.0010 0.0010 0.0010
August 0.0010 0.0010 0.0010
September 0.0010 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0010 0.0009 0.0010
December 0.0010 0.0010 0.0010