2013 BGN to TND Historical Review

YEARLY HIGH

1.1748 TND

YEARLY LOW

1.0432 TND

YEARLY AVERAGE

1.1029 TND

2013 BGN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BGN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.1748. Conversely, the yearly low was recorded on March 27, dropping to 1.0432.

This high-to-low spread represents a total annual volatility of 0.1315 TND. From a start-to-finish perspective, comparing the January average rate of 1.0565 to the December average rate of 1.1618, the exchange rate registered a net change of 9.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.1748 was up 11.60% compared to the 2012 peak of 1.0527, 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 5,874 TND

2012 Average 5,127 TND

Yearly Trough Low 5,216 TND

Transaction Impact: A difference of 657.73 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.1731

1.0376

JanuMarcMayJulySeptNove

BGN to TND 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 1.0707, compared to 1.1351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0644 points.

H1 Avg (Jan–Jun) 1.0707

H2 Avg (Jul–Dec) 1.1351

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0313 TND (High: 1.0772 / Low: 1.0458). On the other end, August was the most stable month, with a tight range of 0.0081 TND (High: 1.1247 / Low: 1.1166).

April Spread (Volatile) ±0.0313

August Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0148 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.1618) against the same month in 2012 (average: 1.0465), the exchange rate shifted by +0.1153 (+11.02%).

2013 Avg (December) 1.1618

2012 Avg (December) 1.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0657	1.0458	1.0565
February	1.0713	1.0559	1.0637
March	1.0561	1.0432	1.0489
April	1.0772	1.0458	1.0638
May	1.1045	1.0777	1.0915
June	1.1059	1.0905	1.1000
July	1.1210	1.1010	1.1106
August	1.1247	1.1166	1.1203
September	1.1400	1.1151	1.1254
October	1.1487	1.1383	1.1433
November	1.1596	1.1397	1.1489
December	1.1748	1.1519	1.1618