YEARLY HIGH
17.6639 TWD
YEARLY LOW
15.9140 TWD
YEARLY AVERAGE
16.8872 TWD

2021 BGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 17.6639. Conversely, the yearly low was recorded on November 24, dropping to 15.9140.

This high-to-low spread represents a total annual volatility of 1.7499 TWD. From a start-to-finish perspective, comparing the January average rate of 17.4206 to the December average rate of 16.0098, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 17.6639 was down 1.59% compared to the 2020 peak of 17.9493, 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 88,319 TWD
2020 Average 85,867 TWD
Yearly Trough Low 79,570 TWD
Transaction Impact: A difference of 8,749.44 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.5617
15.8687
JanuMarcMayJulySeptNove

BGN to TWD 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 17.2519, compared to 16.5226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7293 points.

H1 Avg (Jan–Jun) 17.2519
H2 Avg (Jul–Dec) 16.5226

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5883 TWD (High: 16.5024 / Low: 15.9140). On the other end, December was the most stable month, with a tight range of 0.1384 TWD (High: 16.0922 / Low: 15.9538).

November Spread (Volatile) ±0.5883
December Spread (Stable) ±0.1384

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 October and November, when the average rate fell by 0.3289 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 17.4206) against the same month in 2020 (average: 17.0379), the exchange rate shifted by +0.3828 (+2.25%).

2021 Avg (January) 17.4206
2020 Avg (January) 17.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6639 17.2372 17.4206
February 17.3817 17.0996 17.2747
March 17.3162 16.9972 17.1784
April 17.3755 17.0666 17.2633
May 17.4861 17.1234 17.3011
June 17.3271 16.8402 17.0732
July 16.9840 16.8257 16.9156
August 16.9600 16.6558 16.7628
September 16.7853 16.4772 16.6836
October 16.6117 16.4474 16.5463
November 16.5024 15.9140 16.2174
December 16.0922 15.9538 16.0098