YEARLY HIGH
0.0628 BGN
YEARLY LOW
0.0566 BGN
YEARLY AVERAGE
0.0593 BGN

2021 TWD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TWD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0628. Conversely, the yearly low was recorded on January 6, dropping to 0.0566.

This high-to-low spread represents a total annual volatility of 0.0062 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0574 to the December average rate of 0.0625, the exchange rate registered a net change of 8.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0628 was up 3.76% compared to the 2020 peak of 0.0606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 314 BGN
2020 Average 291 BGN
Yearly Trough Low 283 BGN
Transaction Impact: A difference of 31.13 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0630
0.0569
JanuMarcMayJulySeptNove

TWD 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 0.0580, compared to 0.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0580
H2 Avg (Jul–Dec) 0.0605

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0022 BGN (High: 0.0628 / Low: 0.0606). On the other end, December was the most stable month, with a tight range of 0.0005 BGN (High: 0.0627 / Low: 0.0621).

November Spread (Volatile) ±0.0022
December Spread (Stable) ±0.0005

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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0617) against the same month in 2020 (average: 0.0579), the exchange rate shifted by +0.0038 (+6.58%).

2021 Avg (November) 0.0617
2020 Avg (November) 0.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0580 0.0566 0.0574
February 0.0585 0.0575 0.0579
March 0.0588 0.0577 0.0582
April 0.0586 0.0576 0.0579
May 0.0584 0.0572 0.0578
June 0.0594 0.0577 0.0586
July 0.0594 0.0589 0.0591
August 0.0600 0.0590 0.0597
September 0.0607 0.0596 0.0599
October 0.0608 0.0602 0.0604
November 0.0628 0.0606 0.0617
December 0.0627 0.0621 0.0625