2021 KWD to TND Historical Review

YEARLY HIGH

9.5693 TND

YEARLY LOW

8.8286 TND

YEARLY AVERAGE

9.2056 TND

2021 KWD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 9.5693. Conversely, the yearly low was recorded on January 5, dropping to 8.8286.

This high-to-low spread represents a total annual volatility of 0.7406 TND. From a start-to-finish perspective, comparing the January average rate of 8.8980 to the December average rate of 9.5022, the exchange rate registered a net change of 6.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.5693 was up 1.18% compared to the 2020 peak of 9.4581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,846 TND

2020 Average 45,722 TND

Yearly Trough Low 44,143 TND

Transaction Impact: A difference of 3,703.16 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.5626

8.8376

JanuMarcMayJulySeptNove

KWD 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 9.0568, compared to 9.3545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2977 points.

H1 Avg (Jan–Jun) 9.0568

H2 Avg (Jul–Dec) 9.3545

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2494 TND (High: 9.5693 / Low: 9.3199). On the other end, September was the most stable month, with a tight range of 0.0868 TND (High: 9.3321 / Low: 9.2453).

November Spread (Volatile) ±0.2494

September Spread (Stable) ±0.0868

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 0.0875 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 9.4446) against the same month in 2020 (average: 8.9878), the exchange rate shifted by +0.4569 (+5.08%).

2021 Avg (November) 9.4446

2020 Avg (November) 8.9878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.9474	8.8286	8.8980
February	9.0335	8.9159	8.9630
March	9.2415	8.9996	9.1064
April	9.2664	9.0836	9.1630
May	9.1376	9.0351	9.0755
June	9.2172	9.0350	9.1347
July	9.2958	9.1997	9.2573
August	9.3400	9.2319	9.2693
September	9.3321	9.2453	9.2881
October	9.4062	9.3189	9.3656
November	9.5693	9.3199	9.4446
December	9.5429	9.4238	9.5022

૨૦૨૫ KWD થી TND ઐતિહાસિક સમીક્ષા