2012 TND to BGN Historical Review

YEARLY HIGH

1.0128 BGN

YEARLY LOW

0.9500 BGN

YEARLY AVERAGE

0.9754 BGN

2012 TND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.0128. Conversely, the yearly low was recorded on December 19, dropping to 0.9500.

This high-to-low spread represents a total annual volatility of 0.0628 BGN. From a start-to-finish perspective, comparing the January average rate of 1.0032 to the December average rate of 0.9555, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0128 was down 2.01% compared to the 2011 peak of 1.0335, 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 5,064 BGN

2011 Average 4,998 BGN

Yearly Trough Low 4,750 BGN

Transaction Impact: A difference of 314.05 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0079

0.9508

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 0.9825, compared to 0.9684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.9825

H2 Avg (Jul–Dec) 0.9684

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.0276 BGN (High: 0.9886 / Low: 0.9611). On the other end, October was the most stable month, with a tight range of 0.0084 BGN (High: 0.9663 / Low: 0.9579).

April Spread (Volatile) ±0.0276

October Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0165 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.0032) against the same month in 2011 (average: 1.0199), the exchange rate shifted by -0.0167 (-1.64%).

2012 Avg (January) 1.0032

2011 Avg (January) 1.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0128	0.9901	1.0032
February	0.9980	0.9728	0.9867
March	0.9897	0.9763	0.9822
April	0.9886	0.9611	0.9757
May	0.9772	0.9633	0.9697
June	0.9847	0.9667	0.9773
July	0.9900	0.9747	0.9829
August	0.9883	0.9733	0.9801
September	0.9744	0.9602	0.9662
October	0.9663	0.9579	0.9624
November	0.9672	0.9570	0.9631
December	0.9611	0.9500	0.9555