YEARLY HIGH
2.9425 TND
YEARLY LOW
2.6815 TND
YEARLY AVERAGE
2.8057 TND

2020 BMD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BMD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 2.9425. Conversely, the yearly low was recorded on December 30, dropping to 2.6815.

This high-to-low spread represents a total annual volatility of 0.2610 TND. From a start-to-finish perspective, comparing the January average rate of 2.8127 to the December average rate of 2.7013, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.9425 was down 4.02% compared to the 2019 peak of 3.0657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,713 TND
2019 Average 14,623 TND
Yearly Trough Low 13,408 TND
Transaction Impact: A difference of 1,305.00 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9178
2.6816
JanuMarcMayJulySeptNove

BMD 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 2.8599, compared to 2.7515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1084 points.

H1 Avg (Jan–Jun) 2.8599
H2 Avg (Jul–Dec) 2.7515

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1450 TND (High: 2.9425 / Low: 2.7975). On the other end, October was the most stable month, with a tight range of 0.0345 TND (High: 2.7750 / Low: 2.7405).

March Spread (Volatile) ±0.1450
October Spread (Stable) ±0.0345

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 0.0801 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.8592) against the same month in 2019 (average: 3.0301), the exchange rate shifted by -0.1710 (-5.64%).

2020 Avg (March) 2.8592
2019 Avg (March) 3.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8325 2.7750 2.8127
February 2.8643 2.8200 2.8429
March 2.9425 2.7975 2.8592
April 2.9213 2.8630 2.8981
May 2.9137 2.8735 2.8970
June 2.8640 2.8237 2.8495
July 2.8655 2.7485 2.8162
August 2.7985 2.7130 2.7361
September 2.7810 2.7254 2.7520
October 2.7750 2.7405 2.7561
November 2.7750 2.7340 2.7470
December 2.7270 2.6815 2.7013