2020 PEN to TND Historical Review

YEARLY HIGH

0.8640 TND

YEARLY LOW

0.7407 TND

YEARLY AVERAGE

0.8038 TND

2020 PEN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.8640. Conversely, the yearly low was recorded on December 30, dropping to 0.7407.

This high-to-low spread represents a total annual volatility of 0.1232 TND. From a start-to-finish perspective, comparing the January average rate of 0.8458 to the December average rate of 0.7502, the exchange rate registered a net change of -11.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8640 was down 6.79% compared to the 2019 peak of 0.9269, 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 4,320 TND

2019 Average 4,384 TND

Yearly Trough Low 3,704 TND

Transaction Impact: A difference of 616.13 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8624

0.7400

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 0.8374, compared to 0.7703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0671 points.

H1 Avg (Jan–Jun) 0.8374

H2 Avg (Jul–Dec) 0.7703

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0508 TND (High: 0.8499 / Low: 0.7991). On the other end, October was the most stable month, with a tight range of 0.0116 TND (High: 0.7733 / Low: 0.7617).

March Spread (Volatile) ±0.0508

October Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0323 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.8480) against the same month in 2019 (average: 0.9022), the exchange rate shifted by -0.0542 (-6.01%).

2020 Avg (May) 0.8480

2019 Avg (May) 0.9022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8533	0.8325	0.8458
February	0.8468	0.8243	0.8384
March	0.8499	0.7991	0.8198
April	0.8635	0.8308	0.8522
May	0.8640	0.8357	0.8480
June	0.8395	0.8082	0.8201
July	0.8120	0.7802	0.8008
August	0.7823	0.7616	0.7686
September	0.7802	0.7669	0.7741
October	0.7733	0.7617	0.7665
November	0.7718	0.7511	0.7614
December	0.7557	0.7407	0.7502