2017 TND to BGN Historical Review

YEARLY HIGH

0.8088 BGN

YEARLY LOW

0.6566 BGN

YEARLY AVERAGE

0.7219 BGN

2017 TND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.8088. Conversely, the yearly low was recorded on December 28, dropping to 0.6566.

This high-to-low spread represents a total annual volatility of 0.1522 BGN. From a start-to-finish perspective, comparing the January average rate of 0.7986 to the December average rate of 0.6637, the exchange rate registered a net change of -16.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8088 was down 8.68% compared to the 2016 peak of 0.8857, 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 4,044 BGN

2016 Average 4,126 BGN

Yearly Trough Low 3,283 BGN

Transaction Impact: A difference of 760.93 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8174

0.6497

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 0.7694, compared to 0.6745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0949 points.

H1 Avg (Jan–Jun) 0.7694

H2 Avg (Jul–Dec) 0.6745

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0778 BGN (High: 0.8066 / Low: 0.7288). On the other end, October was the most stable month, with a tight range of 0.0092 BGN (High: 0.6734 / Low: 0.6642).

April Spread (Volatile) ±0.0778

October Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0473 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.8034) against the same month in 2016 (average: 0.8709), the exchange rate shifted by -0.0675 (-7.75%).

2017 Avg (February) 0.8034

2016 Avg (February) 0.8709

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8087	0.7906	0.7986
February	0.8088	0.7864	0.8034
March	0.8076	0.7832	0.8002
April	0.8066	0.7288	0.7756
May	0.7517	0.7131	0.7282
June	0.7187	0.6942	0.7102
July	0.7067	0.6802	0.6943
August	0.6917	0.6726	0.6822
September	0.6759	0.6628	0.6701
October	0.6734	0.6642	0.6699
November	0.6743	0.6575	0.6668
December	0.6696	0.6566	0.6637