YEARLY HIGH
0.0216 BGN
YEARLY LOW
0.0147 BGN
YEARLY AVERAGE
0.0200 BGN

2021 AFN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0216. Conversely, the yearly low was recorded on December 15, dropping to 0.0147.

This high-to-low spread represents a total annual volatility of 0.0069 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0170, the exchange rate registered a net change of -18.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0216 was down 10.43% compared to the 2020 peak of 0.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108 BGN
2020 Average 112 BGN
Yearly Trough Low 73 BGN
Transaction Impact: A difference of 34.72 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0216
0.0166
JanuMarcMayJulySeptNove

AFN 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 0.0209, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0209
H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0034 BGN (High: 0.0181 / Low: 0.0147). On the other end, October was the most stable month, with a tight range of 0.0004 BGN (High: 0.0189 / Low: 0.0185).

December Spread (Volatile) ±0.0034
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0212) against the same month in 2020 (average: 0.0232), the exchange rate shifted by -0.0020 (-8.59%).

2021 Avg (March) 0.0212
2020 Avg (March) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0210 0.0205 0.0208
February 0.0211 0.0205 0.0209
March 0.0216 0.0209 0.0212
April 0.0215 0.0207 0.0211
May 0.0210 0.0203 0.0207
June 0.0210 0.0204 0.0207
July 0.0209 0.0201 0.0207
August 0.0209 0.0193 0.0200
September 0.0195 0.0186 0.0192
October 0.0189 0.0185 0.0187
November 0.0188 0.0179 0.0185
December 0.0181 0.0147 0.0170