2019 AZN to TND Historical Review

YEARLY HIGH

1.8007 TND

YEARLY LOW

1.6300 TND

YEARLY AVERAGE

1.7182 TND

2019 AZN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AZN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 1.8007. Conversely, the yearly low was recorded on December 31, dropping to 1.6300.

This high-to-low spread represents a total annual volatility of 0.1707 TND. From a start-to-finish perspective, comparing the January average rate of 1.7406 to the December average rate of 1.6669, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.8007 was up 2.74% compared to the 2018 peak of 1.7527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,004 TND

2018 Average 7,755 TND

Yearly Trough Low 8,150 TND

Transaction Impact: A difference of 853.75 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.7911

1.6556

JanuMarcMayJulySeptNove

AZN 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 1.7591, compared to 1.6773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0818 points.

H1 Avg (Jan–Jun) 1.7591

H2 Avg (Jul–Dec) 1.6773

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0980 TND (High: 1.7651 / Low: 1.6672). On the other end, November was the most stable month, with a tight range of 0.0138 TND (High: 1.6767 / Low: 1.6628).

June Spread (Volatile) ±0.0980

November Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0372 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.7695) against the same month in 2018 (average: 1.4180), the exchange rate shifted by +0.3515 (+24.79%).

2019 Avg (February) 1.7695

2018 Avg (February) 1.4180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7739	1.7325	1.7406
February	1.8007	1.7424	1.7695
March	1.7945	1.7653	1.7798
April	1.7823	1.7643	1.7728
May	1.7770	1.7504	1.7647
June	1.7651	1.6672	1.7274
July	1.7007	1.6812	1.6908
August	1.6987	1.6696	1.6833
September	1.6912	1.6721	1.6827
October	1.6842	1.6558	1.6685
November	1.6767	1.6628	1.6717
December	1.6775	1.6300	1.6669