YEARLY HIGH
0.0098 TND
YEARLY LOW
0.0076 TND
YEARLY AVERAGE
0.0081 TND

2019 NGN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0098. Conversely, the yearly low was recorded on December 31, dropping to 0.0076.

This high-to-low spread represents a total annual volatility of 0.0022 TND. From a start-to-finish perspective, comparing the January average rate of 0.0082 to the December average rate of 0.0078, the exchange rate registered a net change of -4.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0098 was up 19.29% compared to the 2018 peak of 0.0082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,806 TND
2018 Average 7,296 TND
Yearly Trough Low 7,638 TND
Transaction Impact: A difference of 2,168.69 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0086
0.0078
JanuMarcMayJulySeptNove

NGN 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 0.0084, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0084
H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0019 TND (High: 0.0098 / Low: 0.0079). On the other end, November was the most stable month, with a tight range of 0.0001 TND (High: 0.0079 / Low: 0.0078).

June Spread (Volatile) ±0.0019
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0085) against the same month in 2018 (average: 0.0072), the exchange rate shifted by +0.0013 (+18.35%).

2019 Avg (June) 0.0085
2018 Avg (June) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0083 0.0081 0.0082
February 0.0085 0.0082 0.0083
March 0.0085 0.0084 0.0084
April 0.0084 0.0083 0.0084
May 0.0084 0.0083 0.0083
June 0.0098 0.0079 0.0085
July 0.0080 0.0079 0.0080
August 0.0093 0.0078 0.0080
September 0.0080 0.0079 0.0079
October 0.0079 0.0078 0.0079
November 0.0079 0.0078 0.0079
December 0.0079 0.0076 0.0078