YEARLY HIGH
1.2143 BGN
YEARLY LOW
1.1339 BGN
YEARLY AVERAGE
1.1695 BGN

2021 NZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 1.2143. Conversely, the yearly low was recorded on January 2, dropping to 1.1339.

This high-to-low spread represents a total annual volatility of 0.0804 BGN. From a start-to-finish perspective, comparing the January average rate of 1.1546 to the December average rate of 1.1745, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2143 was up 3.38% compared to the 2020 peak of 1.1746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,072 BGN
2020 Average 5,572 BGN
Yearly Trough Low 5,670 BGN
Transaction Impact: A difference of 401.96 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2061
1.1487
JanuMarcMayJulySeptNove

NZD 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 1.1634, compared to 1.1755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 1.1634
H2 Avg (Jul–Dec) 1.1755

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0447 BGN (High: 1.2143 / Low: 1.1696). On the other end, June was the most stable month, with a tight range of 0.0153 BGN (High: 1.1600 / Low: 1.1447).

October Spread (Volatile) ±0.0447
June Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0269 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.1900) against the same month in 2020 (average: 1.1032), the exchange rate shifted by +0.0868 (+7.87%).

2021 Avg (October) 1.1900
2020 Avg (October) 1.1032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1639 1.1339 1.1546
February 1.1980 1.1612 1.1715
March 1.1846 1.1527 1.1726
April 1.1759 1.1552 1.1649
May 1.1758 1.1491 1.1637
June 1.1600 1.1447 1.1535
July 1.1636 1.1474 1.1557
August 1.1728 1.1422 1.1594
September 1.1788 1.1517 1.1719
October 1.2143 1.1696 1.1900
November 1.2123 1.1772 1.2014
December 1.1798 1.1640 1.1745