YEARLY HIGH
9.6207 SZL
YEARLY LOW
8.3594 SZL
YEARLY AVERAGE
8.9326 SZL

2021 BGN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 9.6207. Conversely, the yearly low was recorded on June 17, dropping to 8.3594.

This high-to-low spread represents a total annual volatility of 1.2614 SZL. From a start-to-finish perspective, comparing the January average rate of 9.3943 to the December average rate of 9.1720, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.6207 was down 9.84% compared to the 2020 peak of 10.6712, 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 48,104 SZL
2020 Average 47,983 SZL
Yearly Trough Low 41,797 SZL
Transaction Impact: A difference of 6,306.90 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.4812
8.4395
JanuMarcMayJulySeptNove

BGN to SZL 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 8.9561, compared to 8.9091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0469 points.

H1 Avg (Jan–Jun) 8.9561
H2 Avg (Jul–Dec) 8.9091

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5198 SZL (High: 9.3278 / Low: 8.8080). On the other end, April was the most stable month, with a tight range of 0.2004 SZL (High: 8.9325 / Low: 8.7321).

November Spread (Volatile) ±0.5198
April Spread (Stable) ±0.2004

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.2858 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 9.3943) against the same month in 2020 (average: 8.1497), the exchange rate shifted by +1.2447 (+15.27%).

2021 Avg (January) 9.3943
2020 Avg (January) 8.1497

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6207 9.1300 9.3943
February 9.2862 8.9559 9.1364
March 9.4161 8.9187 9.1149
April 8.9325 8.7321 8.8292
May 8.8900 8.5892 8.7353
June 8.7291 8.3594 8.5263
July 9.0003 8.5882 8.7593
August 9.1442 8.7054 8.9102
September 8.9918 8.5250 8.7573
October 9.0251 8.6027 8.8170
November 9.3278 8.8080 9.0391
December 9.3599 8.9899 9.1720