YEARLY HIGH
0.0021 BGN
YEARLY LOW
0.0020 BGN
YEARLY AVERAGE
0.0021 BGN

2021 MWK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0021. Conversely, the yearly low was recorded on May 31, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0001 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0021, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0021 was down 14.06% compared to the 2020 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 BGN
2020 Average 12 BGN
Yearly Trough Low 10 BGN
Transaction Impact: A difference of 0.68 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0021
0.0020
JanuMarcMayJulySeptNove

MWK 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: Jan–Jun) was 0.0021, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0001 BGN (High: 0.0021 / Low: 0.0020). On the other end, December was the most stable month, with a tight range of 0.0000 BGN (High: 0.0021 / Low: 0.0021).

April Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0021) against the same month in 2020 (average: 0.0022), the exchange rate shifted by -0.0001 (-3.27%).

2021 Avg (November) 0.0021
2020 Avg (November) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0021 0.0021
February 0.0021 0.0021 0.0021
March 0.0021 0.0021 0.0021
April 0.0021 0.0020 0.0021
May 0.0021 0.0020 0.0020
June 0.0021 0.0020 0.0020
July 0.0021 0.0020 0.0020
August 0.0021 0.0020 0.0020
September 0.0021 0.0020 0.0020
October 0.0021 0.0021 0.0021
November 0.0021 0.0021 0.0021
December 0.0021 0.0021 0.0021