YEARLY HIGH
0.0303 TND
YEARLY LOW
0.0289 TND
YEARLY AVERAGE
0.0297 TND

2021 CVE to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.0303. Conversely, the yearly low was recorded on November 22, dropping to 0.0289.

This high-to-low spread represents a total annual volatility of 0.0014 TND. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0294, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0303 was up 0.99% compared to the 2020 peak of 0.0300, 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 151 TND
2020 Average 144 TND
Yearly Trough Low 144 TND
Transaction Impact: A difference of 6.93 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0300
0.0293
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 0.0298, compared to 0.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0298
H2 Avg (Jul–Dec) 0.0296

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0014 TND (High: 0.0303 / Low: 0.0289). On the other end, October was the most stable month, with a tight range of 0.0003 TND (High: 0.0297 / Low: 0.0294).

June Spread (Volatile) ±0.0014
October Spread (Stable) ±0.0003

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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0299) against the same month in 2020 (average: 0.0290), the exchange rate shifted by +0.0009 (+3.21%).

2021 Avg (June) 0.0299
2020 Avg (June) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0298 0.0295 0.0297
February 0.0299 0.0294 0.0296
March 0.0299 0.0294 0.0296
April 0.0301 0.0295 0.0298
May 0.0301 0.0297 0.0299
June 0.0303 0.0289 0.0299
July 0.0299 0.0296 0.0297
August 0.0299 0.0296 0.0297
September 0.0299 0.0294 0.0298
October 0.0297 0.0294 0.0296
November 0.0297 0.0289 0.0295
December 0.0295 0.0291 0.0294