2019 BND to TND Historical Review

YEARLY HIGH

2.2702 TND

YEARLY LOW

1.8718 TND

YEARLY AVERAGE

2.1325 TND

2019 BND to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.2702. Conversely, the yearly low was recorded on January 3, dropping to 1.8718.

This high-to-low spread represents a total annual volatility of 0.3985 TND. From a start-to-finish perspective, comparing the January average rate of 1.8908 to the December average rate of 2.0920, the exchange rate registered a net change of 10.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2702 was up 7.05% compared to the 2018 peak of 2.1206, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,351 TND

2018 Average 9,365 TND

Yearly Trough Low 9,359 TND

Transaction Impact: A difference of 1,992.25 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2784

1.8555

JanuMarcMayJulySeptNove

BND 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 2.1606, compared to 2.1045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0561 points.

H1 Avg (Jan–Jun) 2.1606

H2 Avg (Jul–Dec) 2.1045

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.3879 TND (High: 2.2702 / Low: 1.8823). On the other end, November was the most stable month, with a tight range of 0.0184 TND (High: 2.1008 / Low: 2.0825).

February Spread (Volatile) ±0.3879

November Spread (Stable) ±0.0184

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 May and June, when the average rate fell by 0.0470 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.1962) against the same month in 2018 (average: 1.8147), the exchange rate shifted by +0.3815 (+21.03%).

2019 Avg (February) 2.1962

2018 Avg (February) 1.8147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2373	1.8718	1.8908
February	2.2702	1.8823	2.1962
March	2.2618	2.2251	2.2431
April	2.2464	2.2237	2.2340
May	2.2400	2.1763	2.2232
June	2.2248	2.1020	2.1762
July	2.1475	2.1112	2.1307
August	2.1413	2.0960	2.1211
September	2.1316	2.0771	2.1186
October	2.1230	2.0599	2.0738
November	2.1008	2.0825	2.0909
December	2.1089	2.0601	2.0920