2019 BGN to TND Historical Review

YEARLY HIGH

1.7773 TND

YEARLY LOW

1.5916 TND

YEARLY AVERAGE

1.6748 TND

2019 BGN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1.7773. Conversely, the yearly low was recorded on December 31, dropping to 1.5916.

This high-to-low spread represents a total annual volatility of 0.1857 TND. From a start-to-finish perspective, comparing the January average rate of 1.7298 to the December average rate of 1.6122, the exchange rate registered a net change of -6.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.7773 was up 2.73% compared to the 2018 peak of 1.7300, 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 8,886 TND

2018 Average 7,944 TND

Yearly Trough Low 7,958 TND

Transaction Impact: A difference of 928.43 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.7649

1.5916

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 1.7295, compared to 1.6201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1094 points.

H1 Avg (Jan–Jun) 1.7295

H2 Avg (Jul–Dec) 1.6201

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0756 TND (High: 1.7268 / Low: 1.6512). On the other end, November was the most stable month, with a tight range of 0.0186 TND (High: 1.6182 / Low: 1.5997).

June Spread (Volatile) ±0.0756

November Spread (Stable) ±0.0186

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0469 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.7482) against the same month in 2018 (average: 1.5125), the exchange rate shifted by +0.2357 (+15.58%).

2019 Avg (February) 1.7482

2018 Avg (February) 1.5125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7590	1.7132	1.7298
February	1.7773	1.7210	1.7482
March	1.7715	1.7338	1.7505
April	1.7429	1.7199	1.7323
May	1.7325	1.7087	1.7187
June	1.7268	1.6512	1.6974
July	1.6667	1.6319	1.6504
August	1.6401	1.6171	1.6301
September	1.6286	1.5956	1.6130
October	1.6154	1.5946	1.6060
November	1.6182	1.5997	1.6085
December	1.6285	1.5916	1.6122