YEARLY HIGH
4.1502 TND
YEARLY LOW
3.7821 TND
YEARLY AVERAGE
3.9572 TND

2020 JOD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 4.1502. Conversely, the yearly low was recorded on December 30, dropping to 3.7821.

This high-to-low spread represents a total annual volatility of 0.3681 TND. From a start-to-finish perspective, comparing the January average rate of 3.9672 to the December average rate of 3.8104, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 4.1502 was down 3.98% compared to the 2019 peak of 4.3221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,751 TND
2019 Average 20,625 TND
Yearly Trough Low 18,910 TND
Transaction Impact: A difference of 1,840.62 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

4.1151
3.7827
JanuMarcMayJulySeptNove

JOD 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 4.0336, compared to 3.8808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1528 points.

H1 Avg (Jan–Jun) 4.0336
H2 Avg (Jul–Dec) 3.8808

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2045 TND (High: 4.1502 / Low: 3.9457). On the other end, October was the most stable month, with a tight range of 0.0487 TND (High: 3.9140 / Low: 3.8653).

March Spread (Volatile) ±0.2045
October Spread (Stable) ±0.0487

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 0.1129 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 4.0327) against the same month in 2019 (average: 4.2735), the exchange rate shifted by -0.2408 (-5.64%).

2020 Avg (March) 4.0327
2019 Avg (March) 4.2735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.9951 3.9140 3.9672
February 4.0398 3.9774 4.0100
March 4.1502 3.9457 4.0327
April 4.1202 4.0381 4.0874
May 4.1102 4.0529 4.0858
June 4.0395 3.9827 4.0188
July 4.0416 3.8766 3.9721
August 3.9471 3.8265 3.8591
September 3.9224 3.8441 3.8816
October 3.9140 3.8653 3.8872
November 3.9140 3.8561 3.8746
December 3.8463 3.7821 3.8104