YEARLY HIGH
1.9376 TND
YEARLY LOW
1.6459 TND
YEARLY AVERAGE
1.8231 TND

2020 NZD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.9376. Conversely, the yearly low was recorded on March 22, dropping to 1.6459.

This high-to-low spread represents a total annual volatility of 0.2918 TND. From a start-to-finish perspective, comparing the January average rate of 1.8597 to the December average rate of 1.9169, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9376 was down 8.10% compared to the 2019 peak of 2.1084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,688 TND
2019 Average 9,644 TND
Yearly Trough Low 8,229 TND
Transaction Impact: A difference of 1,458.79 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9358
1.7088
JanuMarcMayJulySeptNove

NZD 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 1.7910, compared to 1.8552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0641 points.

H1 Avg (Jan–Jun) 1.7910
H2 Avg (Jul–Dec) 1.8552

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1410 TND (High: 1.7868 / Low: 1.6459). On the other end, October was the most stable month, with a tight range of 0.0343 TND (High: 1.8451 / Low: 1.8108).

March Spread (Volatile) ±0.1410
October Spread (Stable) ±0.0343

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 0.0892 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.9169) against the same month in 2019 (average: 1.8731), the exchange rate shifted by +0.0438 (+2.34%).

2020 Avg (December) 1.9169
2019 Avg (December) 1.8731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8748 1.8227 1.8597
February 1.8427 1.7793 1.8169
March 1.7868 1.6459 1.7277
April 1.7814 1.6992 1.7416
May 1.7924 1.7290 1.7635
June 1.8740 1.7989 1.8370
July 1.8704 1.8271 1.8550
August 1.8394 1.7829 1.8072
September 1.8597 1.8074 1.8347
October 1.8451 1.8108 1.8296
November 1.9273 1.8308 1.8876
December 1.9376 1.9020 1.9169