YEARLY HIGH
1.4638 TND
YEARLY LOW
1.3302 TND
YEARLY AVERAGE
1.3925 TND

2020 BZD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.4638. Conversely, the yearly low was recorded on December 30, dropping to 1.3302.

This high-to-low spread represents a total annual volatility of 0.1336 TND. From a start-to-finish perspective, comparing the January average rate of 1.3954 to the December average rate of 1.3400, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4638 was down 3.79% compared to the 2019 peak of 1.5215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,319 TND
2019 Average 7,257 TND
Yearly Trough Low 6,651 TND
Transaction Impact: A difference of 668.03 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4504
1.3300
JanuMarcMayJulySeptNove

BZD 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 1.4198, compared to 1.3653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0544 points.

H1 Avg (Jan–Jun) 1.4198
H2 Avg (Jul–Dec) 1.3653

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0741 TND (High: 1.4638 / Low: 1.3897). On the other end, October was the most stable month, with a tight range of 0.0170 TND (High: 1.3769 / Low: 1.3599).

March Spread (Volatile) ±0.0741
October Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0387 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.4211) against the same month in 2019 (average: 1.5049), the exchange rate shifted by -0.0837 (-5.56%).

2020 Avg (March) 1.4211
2019 Avg (March) 1.5049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4051 1.3697 1.3954
February 1.4212 1.3992 1.4103
March 1.4638 1.3897 1.4211
April 1.4619 1.4197 1.4404
May 1.4484 1.4252 1.4376
June 1.4212 1.4007 1.4137
July 1.4206 1.3622 1.3974
August 1.3958 1.3451 1.3588
September 1.3794 1.3526 1.3653
October 1.3769 1.3599 1.3674
November 1.3769 1.3561 1.3630
December 1.3526 1.3302 1.3400