YEARLY HIGH
0.6124 BGN
YEARLY LOW
0.5860 BGN
YEARLY AVERAGE
0.5954 BGN

2021 TND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.6124. Conversely, the yearly low was recorded on June 1, dropping to 0.5860.

This high-to-low spread represents a total annual volatility of 0.0264 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5956 to the December average rate of 0.6016, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6124 was down 3.66% compared to the 2020 peak of 0.6357, 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 3,062 BGN
2020 Average 3,057 BGN
Yearly Trough Low 2,930 BGN
Transaction Impact: A difference of 132.15 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6028
0.5886
JanuMarcMayJulySeptNove

TND to BGN 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 0.5972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.5936
H2 Avg (Jul–Dec) 0.5972

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0176 BGN (High: 0.6124 / Low: 0.5948). On the other end, March was the most stable month, with a tight range of 0.0066 BGN (High: 0.5993 / Low: 0.5926).

November Spread (Volatile) ±0.0176
March Spread (Stable) ±0.0066

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 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.6005) against the same month in 2020 (average: 0.6011), the exchange rate shifted by -0.0006 (-0.10%).

2021 Avg (November) 0.6005
2020 Avg (November) 0.6011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5997 0.5918 0.5956
February 0.6003 0.5903 0.5960
March 0.5993 0.5926 0.5971
April 0.5989 0.5877 0.5921
May 0.5938 0.5861 0.5898
June 0.5966 0.5860 0.5911
July 0.5969 0.5902 0.5937
August 0.6015 0.5904 0.5961
September 0.6014 0.5903 0.5942
October 0.6017 0.5934 0.5970
November 0.6124 0.5948 0.6005
December 0.6091 0.5988 0.6016