YEARLY HIGH
1.7537 TND
YEARLY LOW
1.5503 TND
YEARLY AVERAGE
1.6577 TND

2022 BGN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1.7537. Conversely, the yearly low was recorded on September 21, dropping to 1.5503.

This high-to-low spread represents a total annual volatility of 0.2034 TND. From a start-to-finish perspective, comparing the January average rate of 1.6702 to the December average rate of 1.7154, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.7537 was up 2.76% compared to the 2021 peak of 1.7065, 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 8,769 TND
2021 Average 8,398 TND
Yearly Trough Low 7,752 TND
Transaction Impact: A difference of 1,017.02 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.7250
1.6094
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 1.6615, compared to 1.6539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 1.6615
H2 Avg (Jul–Dec) 1.6539

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1221 TND (High: 1.7347 / Low: 1.6125). On the other end, February was the most stable month, with a tight range of 0.0208 TND (High: 1.6800 / Low: 1.6591).

November Spread (Volatile) ±0.1221
February Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0373 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.7154) against the same month in 2021 (average: 1.6621), the exchange rate shifted by +0.0533 (+3.21%).

2022 Avg (December) 1.7154
2021 Avg (December) 1.6621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6842 1.6537 1.6702
February 1.6800 1.6591 1.6707
March 1.6813 1.6408 1.6588
April 1.6795 1.6386 1.6591
May 1.6728 1.6313 1.6537
June 1.6730 1.6373 1.6563
July 1.6585 1.5840 1.6190
August 1.6493 1.6186 1.6358
September 1.6504 1.5503 1.6348
October 1.6699 1.6215 1.6363
November 1.7347 1.6125 1.6820
December 1.7537 1.6946 1.7154