2020 CVE to TND Historical Review

YEARLY HIGH

0.0300 TND

YEARLY LOW

0.0112 TND

YEARLY AVERAGE

0.0289 TND

2020 CVE to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.0300. Conversely, the yearly low was recorded on March 18, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0188 TND. From a start-to-finish perspective, comparing the January average rate of 0.0282 to the December average rate of 0.0297, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0300 was down 4.71% compared to the 2019 peak of 0.0315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150 TND

2019 Average 148 TND

Yearly Trough Low 56 TND

Transaction Impact: A difference of 93.93 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0299

0.0278

JanuMarcMayJulySeptNove

CVE 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 0.0284, compared to 0.0293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0284

H2 Avg (Jul–Dec) 0.0293

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0179 TND (High: 0.0291 / Low: 0.0112). On the other end, December was the most stable month, with a tight range of 0.0002 TND (High: 0.0298 / Low: 0.0296).

March Spread (Volatile) ±0.0179

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0293) against the same month in 2019 (average: 0.0289), the exchange rate shifted by +0.0004 (+1.51%).

2020 Avg (August) 0.0293

2019 Avg (August) 0.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0284	0.0281	0.0282
February	0.0283	0.0277	0.0280
March	0.0291	0.0112	0.0280
April	0.0287	0.0282	0.0285
May	0.0289	0.0282	0.0286
June	0.0292	0.0288	0.0290
July	0.0294	0.0276	0.0291
August	0.0300	0.0289	0.0293
September	0.0295	0.0292	0.0293
October	0.0294	0.0291	0.0293
November	0.0296	0.0291	0.0294
December	0.0298	0.0296	0.0297