2020 MAD to TND Historical Review

YEARLY HIGH

0.3046 TND

YEARLY LOW

0.2802 TND

YEARLY AVERAGE

0.2956 TND

2020 MAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.3046. Conversely, the yearly low was recorded on April 2, dropping to 0.2802.

This high-to-low spread represents a total annual volatility of 0.0244 TND. From a start-to-finish perspective, comparing the January average rate of 0.2928 to the December average rate of 0.3008, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3046 was down 5.38% compared to the 2019 peak of 0.3219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,523 TND

2019 Average 1,521 TND

Yearly Trough Low 1,401 TND

Transaction Impact: A difference of 121.89 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3023

0.2846

JanuMarcMayJulySeptNove

MAD 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 0.2927, compared to 0.2984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.2927

H2 Avg (Jul–Dec) 0.2984

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0159 TND (High: 0.2992 / Low: 0.2833). On the other end, September was the most stable month, with a tight range of 0.0026 TND (High: 0.2993 / Low: 0.2967).

March Spread (Volatile) ±0.0159

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between April and November, 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 March and April, when the average rate fell by 0.0093 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.2964) against the same month in 2019 (average: 0.2989), the exchange rate shifted by -0.0026 (-0.86%).

2020 Avg (August) 0.2964

2019 Avg (August) 0.2989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2947	0.2886	0.2928
February	0.2967	0.2924	0.2938
March	0.2992	0.2833	0.2953
April	0.2928	0.2802	0.2860
May	0.2964	0.2919	0.2941
June	0.2960	0.2926	0.2944
July	0.2962	0.2936	0.2949
August	0.3046	0.2917	0.2964
September	0.2993	0.2967	0.2984
October	0.3008	0.2959	0.2993
November	0.3022	0.2994	0.3008
December	0.3030	0.2906	0.3008