2020 TND to BIF Historical Review

YEARLY HIGH

724.2138 BIF

YEARLY LOW

642.8399 BIF

YEARLY AVERAGE

682.8134 BIF

2020 TND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 724.2138. Conversely, the yearly low was recorded on March 19, dropping to 642.8399.

This high-to-low spread represents a total annual volatility of 81.3739 BIF. From a start-to-finish perspective, comparing the January average rate of 670.1005 to the December average rate of 719.1121, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 724.2138 was up 6.81% compared to the 2019 peak of 678.0673, 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 3,621,069 BIF

2019 Average 3,151,693 BIF

Yearly Trough Low 3,214,200 BIF

Transaction Impact: A difference of 406,869.39 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

725.5966

647.7832

JanuMarcMayJulySeptNove

TND to BIF 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 662.7691, compared to 702.8578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.0886 points.

H1 Avg (Jan–Jun) 662.7691

H2 Avg (Jul–Dec) 702.8578

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 33.1371 BIF (High: 675.9771 / Low: 642.8399). On the other end, October was the most stable month, with a tight range of 7.1744 BIF (High: 705.4115 / Low: 698.2370).

March Spread (Volatile) ±33.1371

October Spread (Stable) ±7.1744

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 7.4169 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.4169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 719.1121) against the same month in 2019 (average: 661.5642), the exchange rate shifted by +57.5480 (+8.70%).

2020 Avg (December) 719.1121

2019 Avg (December) 661.5642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	678.0673	665.0966	670.1005
February	670.5674	659.0035	664.1500
March	675.9771	642.8399	661.6845
April	661.9145	646.8183	654.2676
May	664.0014	651.4862	657.0390
June	675.0221	663.4784	669.3731
July	701.7802	668.8846	683.3635
August	711.0555	689.3857	704.8685
September	707.9052	694.3545	701.8537
October	705.4115	698.2370	702.0417
November	710.3393	697.1821	705.9070
December	724.2138	712.0504	719.1121