YEARLY HIGH
0.0603 TND
YEARLY LOW
0.0491 TND
YEARLY AVERAGE
0.0548 TND

2018 GMD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0603. Conversely, the yearly low was recorded on January 28, dropping to 0.0491.

This high-to-low spread represents a total annual volatility of 0.0113 TND. From a start-to-finish perspective, comparing the January average rate of 0.0510 to the December average rate of 0.0595, the exchange rate registered a net change of 16.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0603 was up 8.84% compared to the 2017 peak of 0.0554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 302 TND
2017 Average 263 TND
Yearly Trough Low 245 TND
Transaction Impact: A difference of 56.34 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0604
0.0497
JanuMarcMayJulySeptNove

GMD 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 0.0520, compared to 0.0575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0520
H2 Avg (Jul–Dec) 0.0575

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0037 TND (High: 0.0527 / Low: 0.0491). On the other end, November was the most stable month, with a tight range of 0.0012 TND (High: 0.0590 / Low: 0.0579).

January Spread (Volatile) ±0.0037
November Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0595) against the same month in 2017 (average: 0.0524), the exchange rate shifted by +0.0071 (+13.58%).

2018 Avg (December) 0.0595
2017 Avg (December) 0.0524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0527 0.0491 0.0510
February 0.0514 0.0497 0.0506
March 0.0515 0.0501 0.0508
April 0.0529 0.0505 0.0514
May 0.0545 0.0518 0.0534
June 0.0559 0.0541 0.0548
July 0.0562 0.0548 0.0553
August 0.0578 0.0559 0.0571
September 0.0581 0.0565 0.0573
October 0.0582 0.0567 0.0574
November 0.0590 0.0579 0.0586
December 0.0603 0.0590 0.0595