YEARLY HIGH
0.9357 TND
YEARLY LOW
0.7912 TND
YEARLY AVERAGE
0.8649 TND

2021 GEL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.9357. Conversely, the yearly low was recorded on May 1, dropping to 0.7912.

This high-to-low spread represents a total annual volatility of 0.1445 TND. From a start-to-finish perspective, comparing the January average rate of 0.8169 to the December average rate of 0.9289, the exchange rate registered a net change of 13.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9357 was down 9.05% compared to the 2020 peak of 1.0288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,678 TND
2020 Average 4,519 TND
Yearly Trough Low 3,956 TND
Transaction Impact: A difference of 722.41 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9414
0.7920
JanuMarcMayJulySeptNove

GEL 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: JanтАУJun) was 0.8245, compared to 0.9053 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0808 points.

H1 Avg (JanтАУJun) 0.8245
H2 Avg (JulтАУDec) 0.9053

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0474 TND (High: 0.8816 / Low: 0.8342). On the other end, September was the most stable month, with a tight range of 0.0100 TND (High: 0.9045 / Low: 0.8946).

June Spread (Volatile) ┬▒0.0474
September Spread (Stable) ┬▒0.0100

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 March and April, when the average rate fell by 0.0209 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.9289) against the same month in 2020 (average: 0.8200), the exchange rate shifted by +0.1089 (+13.28%).

2021 Avg (December) 0.9289
2020 Avg (December) 0.8200

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.8226 0.8098 0.8169
February 0.8258 0.8136 0.8186
March 0.8295 0.8189 0.8253
April 0.8179 0.7912 0.8044
May 0.8360 0.7912 0.8097
June 0.8816 0.8342 0.8718
July 0.9076 0.8777 0.8924
August 0.9076 0.8941 0.8992
September 0.9045 0.8946 0.8991
October 0.9108 0.8929 0.9016
November 0.9317 0.8886 0.9105
December 0.9357 0.9201 0.9289