2021 MAD to TND Historical Review

YEARLY HIGH

0.3138 TND

YEARLY LOW

0.3007 TND

YEARLY AVERAGE

0.3090 TND

2021 MAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.3138. Conversely, the yearly low was recorded on January 27, dropping to 0.3007.

This high-to-low spread represents a total annual volatility of 0.0130 TND. From a start-to-finish perspective, comparing the January average rate of 0.3030 to the December average rate of 0.3108, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3138 was up 3.01% compared to the 2020 peak of 0.3046, 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 1,569 TND

2020 Average 1,478 TND

Yearly Trough Low 1,504 TND

Transaction Impact: A difference of 65.04 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3129

0.3021

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 0.3065, compared to 0.3114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.3065

H2 Avg (Jul–Dec) 0.3114

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0071 TND (High: 0.3136 / Low: 0.3065). On the other end, September was the most stable month, with a tight range of 0.0026 TND (High: 0.3125 / Low: 0.3098).

December Spread (Volatile) ±0.0071

September Spread (Stable) ±0.0026

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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.3108) against the same month in 2020 (average: 0.2964), the exchange rate shifted by +0.0145 (+4.88%).

2021 Avg (August) 0.3108

2020 Avg (August) 0.2964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3063	0.3007	0.3030
February	0.3060	0.3009	0.3033
March	0.3080	0.3040	0.3057
April	0.3118	0.3059	0.3085
May	0.3113	0.3053	0.3084
June	0.3119	0.3072	0.3101
July	0.3130	0.3100	0.3115
August	0.3138	0.3091	0.3108
September	0.3125	0.3098	0.3116
October	0.3128	0.3101	0.3120
November	0.3133	0.3080	0.3117
December	0.3136	0.3065	0.3108