2021 MXN to BGN Historical Review

YEARLY HIGH

0.0844 BGN

YEARLY LOW

0.0767 BGN

YEARLY AVERAGE

0.0815 BGN

2021 MXN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0844. Conversely, the yearly low was recorded on March 8, dropping to 0.0767.

This high-to-low spread represents a total annual volatility of 0.0077 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0805 to the December average rate of 0.0828, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0844 was down 13.40% compared to the 2020 peak of 0.0975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 4,221 BGN

2020 Average 4,016 BGN

Yearly Trough Low 3,836 BGN

Transaction Impact: A difference of 385.63 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0833

0.0788

JanuMarcMayJulySeptNove

MXN 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 0.0804, compared to 0.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0804

H2 Avg (Jul–Dec) 0.0827

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0050 BGN (High: 0.0817 / Low: 0.0767). On the other end, July was the most stable month, with a tight range of 0.0010 BGN (High: 0.0834 / Low: 0.0824).

March Spread (Volatile) ±0.0050

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and July, 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 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0828) against the same month in 2020 (average: 0.0806), the exchange rate shifted by +0.0023 (+2.85%).

2021 Avg (December) 0.0828

2020 Avg (December) 0.0806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0826	0.0783	0.0805
February	0.0811	0.0767	0.0796
March	0.0817	0.0767	0.0792
April	0.0820	0.0803	0.0815
May	0.0815	0.0802	0.0806
June	0.0829	0.0798	0.0811
July	0.0834	0.0824	0.0829
August	0.0836	0.0815	0.0828
September	0.0833	0.0817	0.0829
October	0.0834	0.0811	0.0825
November	0.0836	0.0788	0.0821
December	0.0844	0.0804	0.0828