2021 NGN to BGN Historical Review

YEARLY HIGH

0.0044 BGN

YEARLY LOW

0.0039 BGN

YEARLY AVERAGE

0.0041 BGN

2021 NGN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0044. Conversely, the yearly low was recorded on May 25, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0005 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0042, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0044 was down 12.73% compared to the 2020 peak of 0.0050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 4,364 BGN

2020 Average 4,516 BGN

Yearly Trough Low 3,870 BGN

Transaction Impact: A difference of 494.16 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0043

0.0039

JanuMarcMayJulySeptNove

NGN 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 0.0041, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0041

H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0004 BGN (High: 0.0043 / Low: 0.0039). On the other end, July was the most stable month, with a tight range of 0.0000 BGN (High: 0.0040 / Low: 0.0040).

May Spread (Volatile) ±0.0004

July 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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0042) against the same month in 2020 (average: 0.0047), the exchange rate shifted by -0.0005 (-10.40%).

2021 Avg (April) 0.0042

2020 Avg (April) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0042	0.0040	0.0041
February	0.0043	0.0039	0.0041
March	0.0044	0.0040	0.0042
April	0.0044	0.0040	0.0042
May	0.0043	0.0039	0.0040
June	0.0040	0.0039	0.0040
July	0.0040	0.0040	0.0040
August	0.0041	0.0040	0.0040
September	0.0041	0.0040	0.0040
October	0.0041	0.0041	0.0041
November	0.0043	0.0041	0.0042
December	0.0042	0.0042	0.0042