2021 TRY to BGN Historical Review

YEARLY HIGH

0.2326 BGN

YEARLY LOW

0.1044 BGN

YEARLY AVERAGE

0.1912 BGN

2021 TRY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.2326. Conversely, the yearly low was recorded on December 19, dropping to 0.1044.

This high-to-low spread represents a total annual volatility of 0.1282 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2172 to the December average rate of 0.1303, the exchange rate registered a net change of -40.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2326 was down 22.42% compared to the 2020 peak of 0.2998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 11,631 BGN

2020 Average 12,365 BGN

Yearly Trough Low 5,219 BGN

Transaction Impact: A difference of 6,411.97 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2374

0.1205

JanuMarcMayJulySeptNove

TRY 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 0.2065, compared to 0.1759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.2065

H2 Avg (Jul–Dec) 0.1759

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0572 BGN (High: 0.1615 / Low: 0.1044). On the other end, July was the most stable month, with a tight range of 0.0054 BGN (High: 0.1950 / Low: 0.1896).

December Spread (Volatile) ±0.0572

July Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0300 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2277) against the same month in 2020 (average: 0.2953), the exchange rate shifted by -0.0676 (-22.90%).

2021 Avg (February) 0.2277

2020 Avg (February) 0.2953

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2213	0.2151	0.2172
February	0.2326	0.2173	0.2277
March	0.2278	0.2006	0.2140
April	0.2049	0.1921	0.1999
May	0.1969	0.1870	0.1920
June	0.1925	0.1851	0.1882
July	0.1950	0.1896	0.1924
August	0.1991	0.1926	0.1960
September	0.1989	0.1878	0.1938
October	0.1908	0.1729	0.1827
November	0.1766	0.1277	0.1603
December	0.1615	0.1044	0.1303