2019 TND to BGN Historical Review

YEARLY HIGH

0.6283 BGN

YEARLY LOW

0.5627 BGN

YEARLY AVERAGE

0.5978 BGN

2019 TND to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6283. Conversely, the yearly low was recorded on February 24, dropping to 0.5627.

This high-to-low spread represents a total annual volatility of 0.0656 BGN. From a start-to-finish perspective, comparing the January average rate of 0.5781 to the December average rate of 0.6203, the exchange rate registered a net change of 7.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6283 was down 5.89% compared to the 2018 peak of 0.6676, 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 3,142 BGN

2018 Average 3,153 BGN

Yearly Trough Low 2,813 BGN

Transaction Impact: A difference of 328.22 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6278

0.5662

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 0.5783, compared to 0.6173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 0.5783

H2 Avg (Jul–Dec) 0.6173

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0265 BGN (High: 0.6056 / Low: 0.5791). On the other end, November was the most stable month, with a tight range of 0.0072 BGN (High: 0.6251 / Low: 0.6180).

June Spread (Volatile) ±0.0265

November Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0060 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.6203) against the same month in 2018 (average: 0.5845), the exchange rate shifted by +0.0358 (+6.13%).

2019 Avg (December) 0.6203

2018 Avg (December) 0.5845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5837	0.5685	0.5781
February	0.5811	0.5627	0.5721
March	0.5768	0.5645	0.5713
April	0.5814	0.5738	0.5773
May	0.5853	0.5772	0.5818
June	0.6056	0.5791	0.5892
July	0.6128	0.6000	0.6059
August	0.6184	0.6097	0.6135
September	0.6267	0.6140	0.6200
October	0.6271	0.6190	0.6227
November	0.6251	0.6180	0.6217
December	0.6283	0.6141	0.6203