2020 AFN to TND Historical Review

YEARLY HIGH

0.0388 TND

YEARLY LOW

0.0347 TND

YEARLY AVERAGE

0.0365 TND

2020 AFN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0388. Conversely, the yearly low was recorded on December 30, dropping to 0.0347.

This high-to-low spread represents a total annual volatility of 0.0041 TND. From a start-to-finish perspective, comparing the January average rate of 0.0364 to the December average rate of 0.0351, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0388 was down 5.76% compared to the 2019 peak of 0.0411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 194 TND

2019 Average 188 TND

Yearly Trough Low 173 TND

Transaction Impact: A difference of 20.39 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0383

0.0348

JanuMarcMayJulySeptNove

AFN to TND 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 0.0373, compared to 0.0357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0373

H2 Avg (Jul–Dec) 0.0357

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0020 TND (High: 0.0388 / Low: 0.0368). On the other end, October was the most stable month, with a tight range of 0.0005 TND (High: 0.0361 / Low: 0.0356).

March Spread (Volatile) ±0.0020

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0375) against the same month in 2019 (average: 0.0402), the exchange rate shifted by -0.0027 (-6.66%).

2020 Avg (March) 0.0375

2019 Avg (March) 0.0402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0369	0.0355	0.0364
February	0.0376	0.0362	0.0370
March	0.0388	0.0368	0.0375
April	0.0384	0.0375	0.0380
May	0.0382	0.0375	0.0379
June	0.0373	0.0365	0.0369
July	0.0371	0.0358	0.0365
August	0.0363	0.0350	0.0355
September	0.0362	0.0355	0.0358
October	0.0361	0.0356	0.0359
November	0.0361	0.0355	0.0357
December	0.0354	0.0347	0.0351