YEARLY HIGH
0.0190 BGN
YEARLY LOW
0.0168 BGN
YEARLY AVERAGE
0.0174 BGN

2021 ARS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0190. Conversely, the yearly low was recorded on December 31, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0022 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0170, the exchange rate registered a net change of -9.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0190 was down 35.74% compared to the 2020 peak of 0.0296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 BGN
2020 Average 123 BGN
Yearly Trough Low 84 BGN
Transaction Impact: A difference of 11.12 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0189
0.0167
JanuMarcMayJulySeptNove

ARS 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 0.0178, compared to 0.0170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0170

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0009 BGN (High: 0.0182 / Low: 0.0173). On the other end, July was the most stable month, with a tight range of 0.0002 BGN (High: 0.0173 / Low: 0.0170).

April Spread (Volatile) ±0.0009
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0187) against the same month in 2020 (average: 0.0294), the exchange rate shifted by -0.0107 (-36.36%).

2021 Avg (January) 0.0187
2020 Avg (January) 0.0294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0190 0.0185 0.0187
February 0.0186 0.0179 0.0182
March 0.0182 0.0179 0.0181
April 0.0182 0.0173 0.0177
May 0.0174 0.0169 0.0171
June 0.0173 0.0169 0.0171
July 0.0173 0.0170 0.0172
August 0.0172 0.0169 0.0171
September 0.0171 0.0168 0.0169
October 0.0171 0.0168 0.0170
November 0.0174 0.0169 0.0171
December 0.0172 0.0168 0.0170