2020 HRK to TND Historical Review

YEARLY HIGH

0.4411 TND

YEARLY LOW

0.4098 TND

YEARLY AVERAGE

0.4245 TND

2020 HRK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.4411. Conversely, the yearly low was recorded on April 2, dropping to 0.4098.

This high-to-low spread represents a total annual volatility of 0.0314 TND. From a start-to-finish perspective, comparing the January average rate of 0.4195 to the December average rate of 0.4360, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4411 was down 5.93% compared to the 2019 peak of 0.4690, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,206 TND

2019 Average 2,207 TND

Yearly Trough Low 2,049 TND

Transaction Impact: A difference of 156.79 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4381

0.4127

JanuMarcMayJulySeptNove

HRK 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 0.4182, compared to 0.4307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.4182

H2 Avg (Jul–Dec) 0.4307

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0143 TND (High: 0.4251 / Low: 0.4108). On the other end, December was the most stable month, with a tight range of 0.0040 TND (High: 0.4378 / Low: 0.4338).

March Spread (Volatile) ±0.0143

December Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0032 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.4312) against the same month in 2019 (average: 0.4314), the exchange rate shifted by -0.0002 (-0.05%).

2020 Avg (August) 0.4312

2019 Avg (August) 0.4314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4222	0.4170	0.4195
February	0.4206	0.4128	0.4164
March	0.4251	0.4108	0.4177
April	0.4183	0.4098	0.4148
May	0.4205	0.4141	0.4173
June	0.4278	0.4198	0.4237
July	0.4363	0.4240	0.4285
August	0.4411	0.4274	0.4312
September	0.4320	0.4264	0.4300
October	0.4304	0.4254	0.4282
November	0.4337	0.4258	0.4303
December	0.4378	0.4338	0.4360