YEARLY HIGH
0.4795 BGN
YEARLY LOW
0.4357 BGN
YEARLY AVERAGE
0.4539 BGN

2021 QAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4795. Conversely, the yearly low was recorded on January 6, dropping to 0.4357.

This high-to-low spread represents a total annual volatility of 0.0438 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4412 to the December average rate of 0.4754, the exchange rate registered a net change of 7.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4795 was down 4.75% compared to the 2020 peak of 0.5034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,397 BGN
2020 Average 2,356 BGN
Yearly Trough Low 2,178 BGN
Transaction Impact: A difference of 218.91 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4788
0.4378
JanuMarcMayJulySeptNove

QAR 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 0.4457, compared to 0.4620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.4457
H2 Avg (Jul–Dec) 0.4620

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0173 BGN (High: 0.4639 / Low: 0.4465). On the other end, December was the most stable month, with a tight range of 0.0045 BGN (High: 0.4775 / Low: 0.4731).

September Spread (Volatile) ±0.0173
December Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0071 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4708) against the same month in 2020 (average: 0.4535), the exchange rate shifted by +0.0173 (+3.81%).

2021 Avg (November) 0.4708
2020 Avg (November) 0.4535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4447 0.4357 0.4412
February 0.4485 0.4412 0.4441
March 0.4589 0.4445 0.4515
April 0.4574 0.4435 0.4494
May 0.4474 0.4384 0.4422
June 0.4533 0.4393 0.4462
July 0.4564 0.4459 0.4536
August 0.4601 0.4449 0.4543
September 0.4639 0.4465 0.4549
October 0.4659 0.4599 0.4631
November 0.4795 0.4630 0.4708
December 0.4775 0.4731 0.4754