YEARLY HIGH
1.7300 TND
YEARLY LOW
1.4979 TND
YEARLY AVERAGE
1.5884 TND

2018 BGN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.7300. Conversely, the yearly low was recorded on May 1, dropping to 1.4979.

This high-to-low spread represents a total annual volatility of 0.2321 TND. From a start-to-finish perspective, comparing the January average rate of 1.5252 to the December average rate of 1.7110, the exchange rate registered a net change of 12.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7300 was up 13.60% compared to the 2017 peak of 1.5229, 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 8,650 TND
2017 Average 6,970 TND
Yearly Trough Low 7,489 TND
Transaction Impact: A difference of 1,160.64 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7309
1.4927
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 1.5242, compared to 1.6526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1283 points.

H1 Avg (Jan–Jun) 1.5242
H2 Avg (Jul–Dec) 1.6526

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0545 TND (High: 1.6125 / Low: 1.5580). On the other end, February was the most stable month, with a tight range of 0.0254 TND (High: 1.5252 / Low: 1.4997).

July Spread (Volatile) ±0.0545
February Spread (Stable) ±0.0254

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0127 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.7110) against the same month in 2017 (average: 1.5068), the exchange rate shifted by +0.2042 (+13.55%).

2018 Avg (December) 1.7110
2017 Avg (December) 1.5068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5476 1.5068 1.5252
February 1.5252 1.4997 1.5125
March 1.5355 1.5003 1.5151
April 1.5460 1.5045 1.5235
May 1.5436 1.4979 1.5240
June 1.5654 1.5280 1.5451
July 1.6125 1.5580 1.5759
August 1.6433 1.6027 1.6190
September 1.6711 1.6371 1.6554
October 1.6944 1.6566 1.6675
November 1.7017 1.6692 1.6865
December 1.7300 1.6907 1.7110