YEARLY HIGH
32.5903 GMD
YEARLY LOW
29.9868 GMD
YEARLY AVERAGE
31.1594 GMD

2021 BGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 32.5903. Conversely, the yearly low was recorded on November 24, dropping to 29.9868.

This high-to-low spread represents a total annual volatility of 2.6036 GMD. From a start-to-finish perspective, comparing the January average rate of 32.1509 to the December average rate of 30.3471, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 32.5903 was up 0.22% compared to the 2020 peak of 32.5176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162,952 GMD
2020 Average 150,270 GMD
Yearly Trough Low 149,934 GMD
Transaction Impact: A difference of 13,017.82 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.3313
30.1667
JanuMarcMayJulySeptNove

BGN to GMD 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 31.6153, compared to 30.7035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9117 points.

H1 Avg (Jan–Jun) 31.6153
H2 Avg (Jul–Dec) 30.7035

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.9942 GMD (High: 31.6660 / Low: 30.6718). On the other end, July was the most stable month, with a tight range of 0.2758 GMD (High: 31.0587 / Low: 30.7829).

March Spread (Volatile) ±0.9942
July Spread (Stable) ±0.2758

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.6030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 32.1509) against the same month in 2020 (average: 29.0541), the exchange rate shifted by +3.0968 (+10.66%).

2021 Avg (January) 32.1509
2020 Avg (January) 29.0541

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.5903 31.8758 32.1509
February 31.9355 31.5704 31.8047
March 31.6660 30.6718 31.2018
April 31.6969 30.7957 31.2696
May 32.0727 31.4437 31.7929
June 31.9802 30.9909 31.4718
July 31.0587 30.7829 30.9266
August 31.0534 30.5026 30.7759
September 31.4029 30.4932 30.9747
October 31.0521 30.4325 30.7340
November 30.9066 29.9868 30.4629
December 30.6260 30.1890 30.3471