YEARLY HIGH
131.0129 ETB
YEARLY LOW
24.1897 ETB
YEARLY AVERAGE
26.7410 ETB

2021 BGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 131.0129. Conversely, the yearly low was recorded on February 4, dropping to 24.1897.

This high-to-low spread represents a total annual volatility of 106.8232 ETB. From a start-to-finish perspective, comparing the January average rate of 24.5285 to the December average rate of 31.4083, the exchange rate registered a net change of 28.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 131.0129 was up 430.28% compared to the 2020 peak of 24.7065, 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 655,065 ETB
2020 Average 102,240 ETB
Yearly Trough Low 120,949 ETB
Transaction Impact: A difference of 534,116.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.0963
23.8405
JanuMarcMayJulySeptNove

BGN to ETB 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 25.4161, compared to 28.0659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6498 points.

H1 Avg (Jan–Jun) 25.4161
H2 Avg (Jul–Dec) 28.0659

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 103.3259 ETB (High: 131.0129 / Low: 27.6870). On the other end, January was the most stable month, with a tight range of 0.4756 ETB (High: 24.7887 / Low: 24.3131).

December Spread (Volatile) ±103.3259
January Spread (Stable) ±0.4756

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.1230 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 31.4083) against the same month in 2020 (average: 24.0855), the exchange rate shifted by +7.3228 (+30.40%).

2021 Avg (December) 31.4083
2020 Avg (December) 24.0855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.7887 24.3131 24.5285
February 25.1079 24.1897 24.6396
March 25.0905 24.2201 24.6262
April 26.0235 24.6655 25.4578
May 27.2267 25.8927 26.4779
June 27.1132 26.2347 26.7668
July 26.9492 26.4709 26.6438
August 27.5621 26.7219 27.1534
September 27.9390 27.4093 27.7442
October 28.2469 27.3034 27.7331
November 28.1084 27.3573 27.7126
December 131.0129 27.6870 31.4083