YEARLY HIGH
0.1913 KWD
YEARLY LOW
0.1735 KWD
YEARLY AVERAGE
0.1825 KWD

2021 BGN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1913. Conversely, the yearly low was recorded on November 24, dropping to 0.1735.

This high-to-low spread represents a total annual volatility of 0.0177 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1887 to the December average rate of 0.1749, the exchange rate registered a net change of -7.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1913 was down 0.06% compared to the 2020 peak of 0.1914, 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 956 KWD
2020 Average 895 KWD
Yearly Trough Low 868 KWD
Transaction Impact: A difference of 88.71 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1901
0.1735
JanuMarcMayJulySeptNove

BGN to KWD 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 0.1860, compared to 0.1790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.1860
H2 Avg (Jul–Dec) 0.1790

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0063 KWD (High: 0.1871 / Low: 0.1808). On the other end, December was the most stable month, with a tight range of 0.0015 KWD (High: 0.1757 / Low: 0.1742).

March Spread (Volatile) ±0.0063
December Spread (Stable) ±0.0015

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 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1887) against the same month in 2020 (average: 0.1723), the exchange rate shifted by +0.0164 (+9.52%).

2021 Avg (January) 0.1887
2020 Avg (January) 0.1723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1913 0.1872 0.1887
February 0.1884 0.1856 0.1872
March 0.1871 0.1808 0.1839
April 0.1864 0.1816 0.1843
May 0.1883 0.1850 0.1868
June 0.1881 0.1824 0.1852
July 0.1827 0.1809 0.1819
August 0.1824 0.1798 0.1810
September 0.1827 0.1786 0.1812
October 0.1801 0.1779 0.1788
November 0.1790 0.1735 0.1763
December 0.1757 0.1742 0.1749