2019 PEN to TND Historical Review

YEARLY HIGH

0.9269 TND

YEARLY LOW

0.8367 TND

YEARLY AVERAGE

0.8770 TND

2019 PEN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.9269. Conversely, the yearly low was recorded on November 29, dropping to 0.8367.

This high-to-low spread represents a total annual volatility of 0.0902 TND. From a start-to-finish perspective, comparing the January average rate of 0.8865 to the December average rate of 0.8466, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9269 was up 4.08% compared to the 2018 peak of 0.8906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,635 TND

2018 Average 4,009 TND

Yearly Trough Low 4,183 TND

Transaction Impact: A difference of 451.12 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9239

0.8378

JanuMarcMayJulySeptNove

PEN 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 0.9016, compared to 0.8524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 0.9016

H2 Avg (Jul–Dec) 0.8524

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0359 TND (High: 0.8968 / Low: 0.8609). On the other end, October was the most stable month, with a tight range of 0.0096 TND (High: 0.8506 / Low: 0.8409).

June Spread (Volatile) ±0.0359

October Spread (Stable) ±0.0096

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 July and August, when the average rate fell by 0.0259 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.9069) against the same month in 2018 (average: 0.7373), the exchange rate shifted by +0.1697 (+23.01%).

2019 Avg (February) 0.9069

2018 Avg (February) 0.7373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9066	0.8745	0.8865
February	0.9269	0.8918	0.9069
March	0.9240	0.9098	0.9168
April	0.9193	0.9065	0.9136
May	0.9129	0.8887	0.9022
June	0.8968	0.8609	0.8839
July	0.8813	0.8688	0.8745
August	0.8724	0.8393	0.8485
September	0.8626	0.8390	0.8537
October	0.8506	0.8409	0.8460
November	0.8527	0.8367	0.8449
December	0.8566	0.8372	0.8466