2021 SZL to BGN Historical Review

YEARLY HIGH

0.1196 BGN

YEARLY LOW

0.1039 BGN

YEARLY AVERAGE

0.1120 BGN

2021 SZL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.1196. Conversely, the yearly low was recorded on January 11, dropping to 0.1039.

This high-to-low spread represents a total annual volatility of 0.0157 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1065 to the December average rate of 0.1090, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1196 was down 4.28% compared to the 2020 peak of 0.1250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 598 BGN

2020 Average 524 BGN

Yearly Trough Low 520 BGN

Transaction Impact: A difference of 78.42 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1184

0.1054

JanuMarcMayJulySeptNove

SZL 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 0.1118, compared to 0.1123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1118

H2 Avg (Jul–Dec) 0.1123

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0063 BGN (High: 0.1135 / Low: 0.1072). On the other end, April was the most stable month, with a tight range of 0.0026 BGN (High: 0.1145 / Low: 0.1120).

November Spread (Volatile) ±0.0063

April Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0031 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1173) against the same month in 2020 (average: 0.1015), the exchange rate shifted by +0.0158 (+15.57%).

2021 Avg (June) 0.1173

2020 Avg (June) 0.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1095	0.1039	0.1065
February	0.1117	0.1077	0.1095
March	0.1121	0.1062	0.1097
April	0.1145	0.1120	0.1133
May	0.1164	0.1125	0.1145
June	0.1196	0.1146	0.1173
July	0.1164	0.1111	0.1142
August	0.1149	0.1094	0.1123
September	0.1173	0.1112	0.1142
October	0.1162	0.1108	0.1134
November	0.1135	0.1072	0.1107
December	0.1112	0.1068	0.1090