2020 TND to BAM Historical Review

YEARLY HIGH

0.6368 BAM

YEARLY LOW

0.5898 BAM

YEARLY AVERAGE

0.6117 BAM

2020 TND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.6368. Conversely, the yearly low was recorded on August 17, dropping to 0.5898.

This high-to-low spread represents a total annual volatility of 0.0470 BAM. From a start-to-finish perspective, comparing the January average rate of 0.6263 to the December average rate of 0.5949, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6368 was up 1.46% compared to the 2019 peak of 0.6276, 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 3,184 BAM

2019 Average 2,989 BAM

Yearly Trough Low 2,949 BAM

Transaction Impact: A difference of 235.00 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6342

0.5913

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 0.6210, compared to 0.6023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 0.6210

H2 Avg (Jul–Dec) 0.6023

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0207 BAM (High: 0.6104 / Low: 0.5898). On the other end, October was the most stable month, with a tight range of 0.0066 BAM (High: 0.6071 / Low: 0.6005).

August Spread (Volatile) ±0.0207

October Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0120 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.6306) against the same month in 2019 (average: 0.5720), the exchange rate shifted by +0.0586 (+10.24%).

2020 Avg (February) 0.6306

2019 Avg (February) 0.5720

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6310	0.6221	0.6263
February	0.6368	0.6248	0.6306
March	0.6250	0.6117	0.6186
April	0.6265	0.6160	0.6213
May	0.6254	0.6112	0.6193
June	0.6183	0.6051	0.6100
July	0.6107	0.5988	0.6071
August	0.6104	0.5898	0.6046
September	0.6059	0.5984	0.6026
October	0.6071	0.6005	0.6031
November	0.6068	0.5969	0.6017
December	0.5993	0.5912	0.5949