YEARLY HIGH
9.6313 NAD
YEARLY LOW
8.3188 NAD
YEARLY AVERAGE
8.9408 NAD

2021 BGN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 9.6313. Conversely, the yearly low was recorded on June 19, dropping to 8.3188.

This high-to-low spread represents a total annual volatility of 1.3125 NAD. From a start-to-finish perspective, comparing the January average rate of 9.3854 to the December average rate of 9.1892, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.6313 was down 11.61% compared to the 2020 peak of 10.8967, 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 48,156 NAD
2020 Average 48,058 NAD
Yearly Trough Low 41,594 NAD
Transaction Impact: A difference of 6,562.58 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.4722
8.4296
JanuMarcMayJulySeptNove

BGN to NAD 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 8.9493, compared to 8.9323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 8.9493
H2 Avg (Jul–Dec) 8.9323

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9006 NAD (High: 9.4138 / Low: 8.5132). On the other end, April was the most stable month, with a tight range of 0.2107 NAD (High: 8.9742 / Low: 8.7635).

November Spread (Volatile) ±0.9006
April Spread (Stable) ±0.2107

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 January and February, when the average rate fell by 0.2730 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 9.3854) against the same month in 2020 (average: 8.1498), the exchange rate shifted by +1.2355 (+15.16%).

2021 Avg (January) 9.3854
2020 Avg (January) 8.1498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6313 9.1404 9.3854
February 9.2977 8.9924 9.1123
March 9.4347 8.8680 9.1123
April 8.9742 8.7635 8.8488
May 8.8988 8.5856 8.7207
June 8.7195 8.3188 8.5164
July 9.0110 8.6571 8.7898
August 9.1496 8.5796 8.8434
September 9.0666 8.6193 8.9289
October 9.0290 8.5770 8.8205
November 9.4138 8.5132 9.0218
December 9.3599 8.9868 9.1892