YEARLY HIGH
3.8966 TND
YEARLY LOW
3.6399 TND
YEARLY AVERAGE
3.8205 TND

2021 FKP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 3.8966. Conversely, the yearly low was recorded on January 10, dropping to 3.6399.

This high-to-low spread represents a total annual volatility of 0.2567 TND. From a start-to-finish perspective, comparing the January average rate of 3.6808 to the December average rate of 3.8289, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.8966 was up 4.64% compared to the 2020 peak of 3.7237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,483 TND
2020 Average 17,995 TND
Yearly Trough Low 18,199 TND
Transaction Impact: A difference of 1,283.65 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.8842
3.6623
JanuMarcMayJulySeptNove

FKP 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 3.7966, compared to 3.8444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0478 points.

H1 Avg (Jan–Jun) 3.7966
H2 Avg (Jul–Dec) 3.8444

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.1403 TND (High: 3.8328 / Low: 3.6925). On the other end, October was the most stable month, with a tight range of 0.0577 TND (High: 3.8943 / Low: 3.8366).

February Spread (Volatile) ±0.1403
October Spread (Stable) ±0.0577

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0276 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 3.8483) against the same month in 2020 (average: 3.5669), the exchange rate shifted by +0.2813 (+7.89%).

2021 Avg (July) 3.8483
2020 Avg (July) 3.5669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7091 3.6399 3.6808
February 3.8328 3.6925 3.7638
March 3.8530 3.7801 3.8159
April 3.8893 3.7751 3.8226
May 3.8773 3.7824 3.8441
June 3.8858 3.8182 3.8525
July 3.8966 3.8003 3.8483
August 3.8836 3.7955 3.8459
September 3.8673 3.7726 3.8395
October 3.8943 3.8366 3.8657
November 3.8903 3.7903 3.8382
December 3.8914 3.7782 3.8289