2018 TND to BGN Historical Review

YEARLY HIGH

0.6676 BGN

YEARLY LOW

0.5780 BGN

YEARLY AVERAGE

0.6309 BGN

2018 TND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.6676. Conversely, the yearly low was recorded on December 31, dropping to 0.5780.

This high-to-low spread represents a total annual volatility of 0.0896 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6557 to the December average rate of 0.5845, the exchange rate registered a net change of -10.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6676 was down 17.46% compared to the 2017 peak of 0.8088, 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 3,338 BGN

2017 Average 3,607 BGN

Yearly Trough Low 2,890 BGN

Transaction Impact: A difference of 447.88 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6688

0.5768

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 0.6561, compared to 0.6056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0505 points.

H1 Avg (Jan–Jun) 0.6561

H2 Avg (Jul–Dec) 0.6056

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0217 BGN (High: 0.6419 / Low: 0.6202). On the other end, February was the most stable month, with a tight range of 0.0111 BGN (High: 0.6668 / Low: 0.6557).

July Spread (Volatile) ±0.0217

February Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0169 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.6562) against the same month in 2017 (average: 0.7282), the exchange rate shifted by -0.0720 (-9.89%).

2018 Avg (May) 0.6562

2017 Avg (May) 0.7282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6636	0.6462	0.6557
February	0.6668	0.6557	0.6612
March	0.6665	0.6513	0.6600
April	0.6647	0.6468	0.6564
May	0.6676	0.6478	0.6562
June	0.6544	0.6388	0.6472
July	0.6419	0.6202	0.6346
August	0.6239	0.6085	0.6177
September	0.6108	0.5984	0.6041
October	0.6036	0.5902	0.5997
November	0.5991	0.5877	0.5929
December	0.5915	0.5780	0.5845