YEARLY HIGH
0.6104 BAM
YEARLY LOW
0.5860 BAM
YEARLY AVERAGE
0.5953 BAM

2021 TND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.6104. Conversely, the yearly low was recorded on June 10, dropping to 0.5860.

This high-to-low spread represents a total annual volatility of 0.0243 BAM. From a start-to-finish perspective, comparing the January average rate of 0.5955 to the December average rate of 0.6015, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6104 was down 4.14% compared to the 2020 peak of 0.6368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,052 BAM
2020 Average 3,058 BAM
Yearly Trough Low 2,930 BAM
Transaction Impact: A difference of 121.73 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6026
0.5887
JanuMarcMayJulySeptNove

TND to BAM 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 0.5936, compared to 0.5971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.5936
H2 Avg (Jul–Dec) 0.5971

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0168 BAM (High: 0.6104 / Low: 0.5936). On the other end, May was the most stable month, with a tight range of 0.0060 BAM (High: 0.5923 / Low: 0.5863).

November Spread (Volatile) ±0.0168
May Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0041 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.6006) against the same month in 2020 (average: 0.6017), the exchange rate shifted by -0.0011 (-0.18%).

2021 Avg (November) 0.6006
2020 Avg (November) 0.6017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5985 0.5910 0.5955
February 0.6004 0.5915 0.5964
March 0.5997 0.5905 0.5969
April 0.5984 0.5879 0.5928
May 0.5923 0.5863 0.5898
June 0.5943 0.5860 0.5904
July 0.5968 0.5898 0.5935
August 0.6005 0.5888 0.5960
September 0.6019 0.5909 0.5942
October 0.6015 0.5943 0.5966
November 0.6104 0.5936 0.6006
December 0.6093 0.5991 0.6015