YEARLY HIGH
0.3745 TND
YEARLY LOW
0.3435 TND
YEARLY AVERAGE
0.3590 TND

2021 GTQ to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.3745. Conversely, the yearly low was recorded on January 5, dropping to 0.3435.

This high-to-low spread represents a total annual volatility of 0.0311 TND. From a start-to-finish perspective, comparing the January average rate of 0.3462 to the December average rate of 0.3722, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3745 was down 2.81% compared to the 2020 peak of 0.3854, 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 1,873 TND
2020 Average 1,817 TND
Yearly Trough Low 1,717 TND
Transaction Impact: A difference of 155.41 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3748
0.3436
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 0.3535, compared to 0.3645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.3535
H2 Avg (Jul–Dec) 0.3645

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0111 TND (High: 0.3745 / Low: 0.3635). On the other end, July was the most stable month, with a tight range of 0.0037 TND (High: 0.3613 / Low: 0.3576).

November Spread (Volatile) ±0.0111
July Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0042 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.3690) against the same month in 2020 (average: 0.3526), the exchange rate shifted by +0.0164 (+4.65%).

2021 Avg (November) 0.3690
2020 Avg (November) 0.3526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3484 0.3435 0.3462
February 0.3527 0.3471 0.3503
March 0.3620 0.3537 0.3568
April 0.3636 0.3545 0.3581
May 0.3582 0.3520 0.3539
June 0.3585 0.3518 0.3555
July 0.3613 0.3576 0.3595
August 0.3635 0.3575 0.3600
September 0.3631 0.3591 0.3611
October 0.3671 0.3633 0.3651
November 0.3745 0.3635 0.3690
December 0.3740 0.3668 0.3722