YEARLY HIGH
0.3854 TND
YEARLY LOW
0.3440 TND
YEARLY AVERAGE
0.3634 TND

2020 GTQ to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.3854. Conversely, the yearly low was recorded on December 30, dropping to 0.3440.

This high-to-low spread represents a total annual volatility of 0.0414 TND. From a start-to-finish perspective, comparing the January average rate of 0.3654 to the December average rate of 0.3461, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3854 was down 3.02% compared to the 2019 peak of 0.3974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,927 TND
2019 Average 1,899 TND
Yearly Trough Low 1,720 TND
Transaction Impact: A difference of 206.93 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3794
0.3431
JanuMarcMayJulySeptNove

GTQ 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 0.3720, compared to 0.3548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.3720
H2 Avg (Jul–Dec) 0.3548

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0223 TND (High: 0.3854 / Low: 0.3631). On the other end, October was the most stable month, with a tight range of 0.0038 TND (High: 0.3559 / Low: 0.3522).

March Spread (Volatile) ±0.0223
October Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.0107 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3718) against the same month in 2019 (average: 0.3939), the exchange rate shifted by -0.0221 (-5.61%).

2020 Avg (March) 0.3718
2019 Avg (March) 0.3939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3694 0.3583 0.3654
February 0.3747 0.3679 0.3720
March 0.3854 0.3631 0.3718
April 0.3787 0.3716 0.3759
May 0.3786 0.3733 0.3763
June 0.3725 0.3674 0.3703
July 0.3720 0.3566 0.3659
August 0.3636 0.3518 0.3552
September 0.3576 0.3527 0.3548
October 0.3559 0.3522 0.3542
November 0.3561 0.3497 0.3526
December 0.3489 0.3440 0.3461