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2016 MXN to TND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MXN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.1220. Conversely, the yearly low was recorded on February 11, dropping to 0.1049.
This high-to-low spread represents a total annual volatility of 0.0171 TND. From a start-to-finish perspective, comparing the January average rate of 0.1134 to the December average rate of 0.1125, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.1220 was down 8.48% compared to the 2015 peak of 0.1333, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
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MXN to TND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 0.1136, compared to 0.1162 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0025 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.0132 TND (High: 0.1220 / Low: 0.1088). On the other end, December was the most stable month, with a tight range of 0.0032 TND (High: 0.1141 / Low: 0.1109).
Growth Streaks & Declines
TrendsBetween May and August, 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 October and November, when the average rate fell by 0.0048 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 0.1133) against the same month in 2015 (average: 0.1224), the exchange rate shifted by -0.0091 (-7.43%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1185 | 0.1094 | 0.1134 |
| February | 0.1127 | 0.1049 | 0.1096 |
| March | 0.1167 | 0.1132 | 0.1149 |
| April | 0.1166 | 0.1130 | 0.1151 |
| May | 0.1167 | 0.1113 | 0.1131 |
| June | 0.1192 | 0.1139 | 0.1155 |
| July | 0.1204 | 0.1170 | 0.1191 |
| August | 0.1217 | 0.1169 | 0.1191 |
| September | 0.1202 | 0.1108 | 0.1148 |
| October | 0.1219 | 0.1134 | 0.1180 |
| November | 0.1220 | 0.1088 | 0.1133 |
| December | 0.1141 | 0.1109 | 0.1125 |