YEARLY HIGH
0.0496 BGN
YEARLY LOW
0.0454 BGN
YEARLY AVERAGE
0.0471 BGN

2021 NIO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0496. Conversely, the yearly low was recorded on May 29, dropping to 0.0454.

This high-to-low spread represents a total annual volatility of 0.0042 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0460 to the December average rate of 0.0490, the exchange rate registered a net change of 6.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0496 was down 8.40% compared to the 2020 peak of 0.0541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 248 BGN
2020 Average 250 BGN
Yearly Trough Low 227 BGN
Transaction Impact: A difference of 20.91 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0493
0.0456
JanuMarcMayJulySeptNove

NIO 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 0.0464, compared to 0.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0464
H2 Avg (Jul–Dec) 0.0479

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0017 BGN (High: 0.0472 / Low: 0.0455). On the other end, October was the most stable month, with a tight range of 0.0007 BGN (High: 0.0482 / Low: 0.0476).

June Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and August, 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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0487) against the same month in 2020 (average: 0.0473), the exchange rate shifted by +0.0013 (+2.80%).

2021 Avg (November) 0.0487
2020 Avg (November) 0.0473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0465 0.0455 0.0460
February 0.0468 0.0460 0.0463
March 0.0478 0.0463 0.0470
April 0.0477 0.0460 0.0468
May 0.0465 0.0454 0.0459
June 0.0472 0.0455 0.0463
July 0.0476 0.0469 0.0472
August 0.0478 0.0469 0.0473
September 0.0480 0.0469 0.0473
October 0.0482 0.0476 0.0479
November 0.0496 0.0479 0.0487
December 0.0493 0.0486 0.0490