YEARLY HIGH
0.4158 BGN
YEARLY LOW
0.3854 BGN
YEARLY AVERAGE
0.3991 BGN

2021 MYR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.4158. Conversely, the yearly low was recorded on May 25, dropping to 0.3854.

This high-to-low spread represents a total annual volatility of 0.0305 BGN. From a start-to-finish perspective, comparing the January average rate of 0.3979 to the December average rate of 0.4109, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4158 was down 4.73% compared to the 2020 peak of 0.4365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 8,317 BGN
2020 Average 8,167 BGN
Yearly Trough Low 7,707 BGN
Transaction Impact: A difference of 609.33 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4130
0.3883
JanuMarcMayJulySeptNove

MYR 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 0.3963, compared to 0.4020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.3963
H2 Avg (Jul–Dec) 0.4020

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0118 BGN (High: 0.3972 / Low: 0.3854). On the other end, February was the most stable month, with a tight range of 0.0048 BGN (High: 0.4023 / Low: 0.3976).

May Spread (Volatile) ±0.0118
February Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0063 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4102) against the same month in 2020 (average: 0.4017), the exchange rate shifted by +0.0084 (+2.10%).

2021 Avg (November) 0.4102
2020 Avg (November) 0.4017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4016 0.3947 0.3979
February 0.4023 0.3976 0.3995
March 0.4030 0.3963 0.4000
April 0.4017 0.3934 0.3967
May 0.3972 0.3854 0.3904
June 0.3987 0.3876 0.3932
July 0.3983 0.3889 0.3936
August 0.3989 0.3899 0.3939
September 0.4034 0.3964 0.3986
October 0.4087 0.4029 0.4051
November 0.4158 0.4059 0.4102
December 0.4139 0.4080 0.4109