2017 SHP to TND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SHP to TND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SHP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 3.3947. Conversely, the yearly low was recorded on March 10, dropping to 2.7736.
This high-to-low spread represents a total annual volatility of 0.6211 TND. From a start-to-finish perspective, comparing the January average rate of 2.8450 to the December average rate of 3.3356, the exchange rate registered a net change of 17.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.3947 was up 5.60% compared to the 2016 peak of 3.2146, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SHP to TND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2.9630, compared to 3.2500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2869 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 0.3694 TND (High: 3.2029 / Low: 2.8335). On the other end, December was the most stable month, with a tight range of 0.0880 TND (High: 3.3947 / Low: 3.3067).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.0350 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3.3356) against the same month in 2016 (average: 2.8822), the exchange rate shifted by +0.4534 (+15.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9127 | 2.7904 | 2.8450 |
| February | 2.9249 | 2.8351 | 2.8543 |
| March | 2.8872 | 2.7736 | 2.8217 |
| April | 3.2029 | 2.8335 | 2.9813 |
| May | 3.2111 | 3.0792 | 3.1379 |
| June | 3.2126 | 3.0977 | 3.1380 |
| July | 3.2362 | 3.1261 | 3.1775 |
| August | 3.2240 | 3.0957 | 3.1425 |
| September | 3.3361 | 3.1599 | 3.2622 |
| October | 3.3464 | 3.2409 | 3.2798 |
| November | 3.3591 | 3.2559 | 3.3022 |
| December | 3.3947 | 3.3067 | 3.3356 |