2021 HNL to BGN Historical Review

YEARLY HIGH

0.0723 BGN

YEARLY LOW

0.0638 BGN

YEARLY AVERAGE

0.0686 BGN

2021 HNL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0723. Conversely, the yearly low was recorded on January 6, dropping to 0.0638.

This high-to-low spread represents a total annual volatility of 0.0086 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0713, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0723 was down 1.74% compared to the 2020 peak of 0.0736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 362 BGN

2020 Average 347 BGN

Yearly Trough Low 319 BGN

Transaction Impact: A difference of 42.85 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0718

0.0658

JanuMarcMayJulySeptNove

HNL to BGN 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 0.0672, compared to 0.0700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0672

H2 Avg (Jul–Dec) 0.0700

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0034 BGN (High: 0.0671 / Low: 0.0638). On the other end, October was the most stable month, with a tight range of 0.0011 BGN (High: 0.0704 / Low: 0.0693).

January Spread (Volatile) ±0.0034

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0710) against the same month in 2020 (average: 0.0677), the exchange rate shifted by +0.0033 (+4.88%).

2021 Avg (November) 0.0710

2020 Avg (November) 0.0677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0671	0.0638	0.0663
February	0.0673	0.0662	0.0667
March	0.0693	0.0666	0.0679
April	0.0693	0.0669	0.0679
May	0.0676	0.0663	0.0668
June	0.0690	0.0664	0.0676
July	0.0701	0.0687	0.0693
August	0.0706	0.0689	0.0699
September	0.0699	0.0684	0.0689
October	0.0704	0.0693	0.0698
November	0.0723	0.0698	0.0710
December	0.0719	0.0706	0.0713

2021 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு