YEARLY HIGH
13.0360 MXN
YEARLY LOW
11.8451 MXN
YEARLY AVERAGE
12.2675 MXN

2021 BGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 13.0360. Conversely, the yearly low was recorded on December 30, dropping to 11.8451.

This high-to-low spread represents a total annual volatility of 1.1909 MXN. From a start-to-finish perspective, comparing the January average rate of 12.4271 to the December average rate of 12.0716, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.0360 was down 6.71% compared to the 2020 peak of 13.9739, 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 65,180 MXN
2020 Average 62,659 MXN
Yearly Trough Low 59,226 MXN
Transaction Impact: A difference of 5,954.59 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.6894
12.0061
JanuMarcMayJulySeptNove

BGN to MXN 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 12.4361, compared to 12.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3373 points.

H1 Avg (Jan–Jun) 12.4361
H2 Avg (Jul–Dec) 12.0988

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.8013 MXN (High: 13.0360 / Low: 12.2347). On the other end, July was the most stable month, with a tight range of 0.1460 MXN (High: 12.1390 / Low: 11.9929).

March Spread (Volatile) ±0.8013
July Spread (Stable) ±0.1460

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 March and April, when the average rate fell by 0.3688 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 12.6325) against the same month in 2020 (average: 12.6116), the exchange rate shifted by +0.0209 (+0.17%).

2021 Avg (March) 12.6325
2020 Avg (March) 12.6116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.7782 12.1110 12.4271
February 13.0307 12.3341 12.5596
March 13.0360 12.2347 12.6325
April 12.4573 12.1983 12.2637
May 12.4710 12.2770 12.4015
June 12.5264 12.0587 12.3323
July 12.1390 11.9929 12.0630
August 12.2653 11.9664 12.0842
September 12.2402 11.9980 12.0647
October 12.3281 11.9869 12.1279
November 12.6863 11.9588 12.1816
December 12.4321 11.8451 12.0716