2013 TND to BGN Historical Review

YEARLY HIGH

0.9586 BGN

YEARLY LOW

0.8512 BGN

YEARLY AVERAGE

0.9078 BGN

2013 TND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.9586. Conversely, the yearly low was recorded on December 15, dropping to 0.8512.

This high-to-low spread represents a total annual volatility of 0.1073 BGN. From a start-to-finish perspective, comparing the January average rate of 0.9465 to the December average rate of 0.8607, the exchange rate registered a net change of -9.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9586 was down 5.35% compared to the 2012 peak of 1.0128, 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 4,793 BGN

2012 Average 4,877 BGN

Yearly Trough Low 4,256 BGN

Transaction Impact: A difference of 536.70 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9627

0.8515

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 0.9343, compared to 0.8812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 0.9343

H2 Avg (Jul–Dec) 0.8812

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0278 BGN (High: 0.9562 / Low: 0.9284). On the other end, August was the most stable month, with a tight range of 0.0065 BGN (High: 0.8956 / Low: 0.8891).

April Spread (Volatile) ±0.0278

August Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0239 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.9534) against the same month in 2012 (average: 0.9822), the exchange rate shifted by -0.0288 (-2.93%).

2013 Avg (March) 0.9534

2012 Avg (March) 0.9822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9562	0.9383	0.9465
February	0.9470	0.9335	0.9402
March	0.9586	0.9469	0.9534
April	0.9562	0.9284	0.9401
May	0.9279	0.9054	0.9162
June	0.9170	0.9043	0.9091
July	0.9083	0.8921	0.9004
August	0.8956	0.8891	0.8926
September	0.8968	0.8772	0.8886
October	0.8785	0.8705	0.8747
November	0.8775	0.8624	0.8704
December	0.8681	0.8512	0.8607