YEARLY HIGH
711.8987 KRW
YEARLY LOW
675.4387 KRW
YEARLY AVERAGE
692.1010 KRW

2021 BGN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 711.8987. Conversely, the yearly low was recorded on March 31, dropping to 675.4387.

This high-to-low spread represents a total annual volatility of 36.4600 KRW. From a start-to-finish perspective, comparing the January average rate of 684.3976 to the December average rate of 684.2760, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 711.8987 was down 1.82% compared to the 2020 peak of 725.0954, 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 3,559,494 KRW
2020 Average 3,438,387 KRW
Yearly Trough Low 3,377,193 KRW
Transaction Impact: A difference of 182,300.13 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

708.6816
681.7368
JanuMarcMayJulySeptNove

BGN to KRW 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 688.5203, compared to 695.6816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1613 points.

H1 Avg (Jan–Jun) 688.5203
H2 Avg (Jul–Dec) 695.6816

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 30.4054 KRW (High: 711.4109 / Low: 681.0054). On the other end, June was the most stable month, with a tight range of 11.2222 KRW (High: 696.5991 / Low: 685.3769).

November Spread (Volatile) ±30.4054
June Spread (Stable) ±11.2222

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 8.9899 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.9899

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 706.4362) against the same month in 2020 (average: 709.5686), the exchange rate shifted by -3.1324 (-0.44%).

2021 Avg (September) 706.4362
2020 Avg (September) 709.5686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 694.0515 678.0676 684.3976
February 697.1596 681.9053 687.7679
March 695.3916 675.4387 687.4370
April 689.7381 676.0330 683.9822
May 705.3517 687.1805 696.6023
June 696.5991 685.3769 690.9350
July 698.6941 684.9993 692.1438
August 705.1416 688.2073 698.3351
September 711.8987 700.3948 706.4362
October 708.0400 693.3195 700.9442
November 711.4109 681.0054 691.9543
December 690.2502 677.6961 684.2760