2020 BND to TND Historical Review

YEARLY HIGH

2.0961 TND

YEARLY LOW

1.9777 TND

YEARLY AVERAGE

2.0339 TND

2020 BND to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 2.0961. Conversely, the yearly low was recorded on August 6, dropping to 1.9777.

This high-to-low spread represents a total annual volatility of 0.1184 TND. From a start-to-finish perspective, comparing the January average rate of 2.0821 to the December average rate of 2.0274, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0961 was down 7.67% compared to the 2019 peak of 2.2702, 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 10,480 TND

2019 Average 10,659 TND

Yearly Trough Low 9,888 TND

Transaction Impact: A difference of 592.00 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0906

1.9894

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 2.0454, compared to 2.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 2.0454

H2 Avg (Jul–Dec) 2.0224

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0651 TND (High: 2.0428 / Low: 1.9777). On the other end, October was the most stable month, with a tight range of 0.0198 TND (High: 2.0346 / Low: 2.0147).

August Spread (Volatile) ±0.0651

October Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0357 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.0821) against the same month in 2019 (average: 1.8908), the exchange rate shifted by +0.1914 (+10.12%).

2020 Avg (January) 2.0821

2019 Avg (January) 1.8908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0961	2.0522	2.0821
February	2.0653	2.0297	2.0465
March	2.0464	1.9992	2.0194
April	2.0537	1.9970	2.0348
May	2.0713	2.0233	2.0443
June	2.0555	2.0146	2.0452
July	2.0522	1.9958	2.0282
August	2.0428	1.9777	1.9978
September	2.0317	2.0030	2.0153
October	2.0346	2.0147	2.0273
November	2.0497	2.0225	2.0385
December	2.0394	2.0120	2.0274