2020 HNL to TND Historical Review

YEARLY HIGH

0.1182 TND

YEARLY LOW

0.1092 TND

YEARLY AVERAGE

0.1134 TND

2020 HNL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1182. Conversely, the yearly low was recorded on August 6, dropping to 0.1092.

This high-to-low spread represents a total annual volatility of 0.0090 TND. From a start-to-finish perspective, comparing the January average rate of 0.1135 to the December average rate of 0.1114, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1182 was down 38.36% compared to the 2019 peak of 0.1917, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 591 TND

2019 Average 596 TND

Yearly Trough Low 546 TND

Transaction Impact: A difference of 45.02 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1169

0.1101

JanuMarcMayJulySeptNove

HNL 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 0.1149, compared to 0.1119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1149

H2 Avg (Jul–Dec) 0.1119

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0056 TND (High: 0.1182 / Low: 0.1126). On the other end, December was the most stable month, with a tight range of 0.0014 TND (High: 0.1122 / Low: 0.1108).

March Spread (Volatile) ±0.0056

December Spread (Stable) ±0.0014

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 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1149) against the same month in 2019 (average: 0.1236), the exchange rate shifted by -0.0086 (-7.00%).

2020 Avg (March) 0.1149

2019 Avg (March) 0.1236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1145	0.1115	0.1135
February	0.1157	0.1136	0.1145
March	0.1182	0.1126	0.1149
April	0.1174	0.1149	0.1163
May	0.1168	0.1151	0.1160
June	0.1150	0.1131	0.1143
July	0.1149	0.1104	0.1132
August	0.1131	0.1092	0.1107
September	0.1128	0.1105	0.1114
October	0.1129	0.1112	0.1121
November	0.1132	0.1115	0.1126
December	0.1122	0.1108	0.1114