YEARLY HIGH
9003.3728 IDR
YEARLY LOW
8193.2041 IDR
YEARLY AVERAGE
8654.3395 IDR

2021 BGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 9003.3728. Conversely, the yearly low was recorded on November 24, dropping to 8193.2041.

This high-to-low spread represents a total annual volatility of 810.1687 IDR. From a start-to-finish perspective, comparing the January average rate of 8749.8575 to the December average rate of 8275.8437, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9003.3728 was down 3.49% compared to the 2020 peak of 9329.0400, 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 45,016,864 IDR
2020 Average 42,433,102 IDR
Yearly Trough Low 40,966,021 IDR
Transaction Impact: A difference of 4,050,843.45 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8951.0919
8214.4575
JanuMarcMayJulySeptNove

BGN to IDR 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 8801.9809, compared to 8506.6980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 295.2829 points.

H1 Avg (Jan–Jun) 8801.9809
H2 Avg (Jul–Dec) 8506.6980

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 324.3789 IDR (High: 8517.5830 / Low: 8193.2041). On the other end, March was the most stable month, with a tight range of 135.2796 IDR (High: 8832.5483 / Low: 8697.2687).

November Spread (Volatile) ±324.3789
March Spread (Stable) ±135.2796

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 173.3782 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -173.3782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 8888.2606) against the same month in 2020 (average: 8281.0563), the exchange rate shifted by +607.2043 (+7.33%).

2021 Avg (May) 8888.2606
2020 Avg (May) 8281.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8876.8336 8667.5928 8749.8575
February 8883.5142 8585.1320 8694.1861
March 8832.5483 8697.2687 8754.1402
April 8983.0258 8698.8356 8889.7057
May 9003.3728 8777.7488 8888.2606
June 8910.4098 8710.6261 8835.7354
July 8849.7435 8712.1027 8770.4784
August 8771.0245 8597.8534 8655.9077
September 8667.0966 8484.0133 8588.8313
October 8482.7890 8335.6213 8415.4531
November 8517.5830 8193.2041 8333.6736
December 8375.1630 8198.7738 8275.8437