YEARLY HIGH
9.2830 HNL
YEARLY LOW
8.3187 HNL
YEARLY AVERAGE
8.6822 HNL

2021 TND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 9.2830. Conversely, the yearly low was recorded on November 25, dropping to 8.3187.

This high-to-low spread represents a total annual volatility of 0.9642 HNL. From a start-to-finish perspective, comparing the January average rate of 8.9864 to the December average rate of 8.4408, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.2830 was up 1.34% compared to the 2020 peak of 9.1601, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,415 HNL
2020 Average 44,103 HNL
Yearly Trough Low 41,594 HNL
Transaction Impact: A difference of 4,821.16 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.0410
8.3863
JanuMarcMayJulySeptNove

TND to HNL 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 8.8340, compared to 8.5305 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.3036 points.

H1 Avg (JanтАУJun) 8.8340
H2 Avg (JulтАУDec) 8.5305

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.3944 HNL (High: 9.2830 / Low: 8.8886). On the other end, September was the most stable month, with a tight range of 0.0916 HNL (High: 8.6763 / Low: 8.5847).

January Spread (Volatile) ┬▒0.3944
September Spread (Stable) ┬▒0.0916

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1772 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 8.9864) against the same month in 2020 (average: 8.8123), the exchange rate shifted by +0.1741 (+1.98%).

2021 Avg (January) 8.9864
2020 Avg (January) 8.8123

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 9.2830 8.8886 8.9864
February 8.9996 8.8576 8.9357
March 8.9205 8.6388 8.7925
April 8.8219 8.5931 8.7186
May 8.8692 8.7078 8.8225
June 8.8619 8.6222 8.7485
July 8.6596 8.4904 8.5713
August 8.6287 8.4370 8.5314
September 8.6763 8.5847 8.6246
October 8.5964 8.4802 8.5524
November 8.5912 8.3187 8.4623
December 8.5402 8.3586 8.4408