YEARLY HIGH
0.0578 TND
YEARLY LOW
0.0518 TND
YEARLY AVERAGE
0.0545 TND

2020 GMD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0578. Conversely, the yearly low was recorded on December 30, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0060 TND. From a start-to-finish perspective, comparing the January average rate of 0.0550 to the December average rate of 0.0522, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0578 was down 6.56% compared to the 2019 peak of 0.0619, 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 289 TND
2019 Average 292 TND
Yearly Trough Low 259 TND
Transaction Impact: A difference of 30.09 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0573
0.0517
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 0.0559, compared to 0.0531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0559
H2 Avg (Jul–Dec) 0.0531

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0029 TND (High: 0.0578 / Low: 0.0549). On the other end, October was the most stable month, with a tight range of 0.0007 TND (High: 0.0536 / Low: 0.0530).

March Spread (Volatile) ±0.0029
October Spread (Stable) ±0.0007

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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0561) against the same month in 2019 (average: 0.0611), the exchange rate shifted by -0.0049 (-8.06%).

2020 Avg (March) 0.0561
2019 Avg (March) 0.0611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0554 0.0541 0.0550
February 0.0562 0.0552 0.0557
March 0.0578 0.0549 0.0561
April 0.0574 0.0562 0.0568
May 0.0569 0.0558 0.0564
June 0.0556 0.0548 0.0552
July 0.0555 0.0530 0.0544
August 0.0540 0.0523 0.0528
September 0.0537 0.0526 0.0532
October 0.0536 0.0530 0.0532
November 0.0536 0.0528 0.0531
December 0.0527 0.0518 0.0522