2020 KWD to TND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 KWD to TND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the KWD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 9.4581. Conversely, the yearly low was recorded on December 29, dropping to 8.8147.
This high-to-low spread represents a total annual volatility of 0.6434 TND. From a start-to-finish perspective, comparing the January average rate of 9.2676 to the December average rate of 8.8603, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 9.4581 was down 6.36% compared to the 2019 peak of 10.1006, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.2959, compared to 8.9947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3012 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.3626 TND (High: 9.4581 / Low: 9.0955). On the other end, December was the most stable month, with a tight range of 0.1149 TND (High: 8.9296 / Low: 8.8147).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.2164 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 9.2463) against the same month in 2019 (average: 9.9743), the exchange rate shifted by -0.7280 (-7.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.3312 | 9.1348 | 9.2676 |
| February | 9.3914 | 9.2763 | 9.3180 |
| March | 9.4581 | 9.0955 | 9.2463 |
| April | 9.3740 | 9.1469 | 9.3122 |
| May | 9.4299 | 9.3099 | 9.3759 |
| June | 9.3053 | 9.1658 | 9.2553 |
| July | 9.3104 | 8.9903 | 9.1662 |
| August | 9.1519 | 8.8822 | 8.9498 |
| September | 9.0749 | 8.9279 | 8.9952 |
| October | 9.0811 | 8.9491 | 9.0090 |
| November | 9.0831 | 8.9522 | 8.9878 |
| December | 8.9296 | 8.8147 | 8.8603 |