2019 TND to AFN Historical Review

YEARLY HIGH

28.4844 AFN

YEARLY LOW

24.3079 AFN

YEARLY AVERAGE

26.6488 AFN

2019 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 28.4844. Conversely, the yearly low was recorded on February 22, dropping to 24.3079.

This high-to-low spread represents a total annual volatility of 4.1765 AFN. From a start-to-finish perspective, comparing the January average rate of 25.4746 to the December average rate of 27.6805, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.4844 was down 3.16% compared to the 2018 peak of 29.4149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142,422 AFN

2018 Average 137,711 AFN

Yearly Trough Low 121,539 AFN

Transaction Impact: A difference of 20,882.63 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

28.2119

24.5644

JanuMarcMayJulySeptNove

TND to AFN 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 25.7330, compared to 27.5646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8316 points.

H1 Avg (Jan–Jun) 25.7330

H2 Avg (Jul–Dec) 27.5646

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 2.0062 AFN (High: 28.4844 / Low: 26.4782). On the other end, November was the most stable month, with a tight range of 0.2751 AFN (High: 27.6704 / Low: 27.3953).

June Spread (Volatile) ±2.0062

November Spread (Stable) ±0.2751

Growth Streaks & Declines

Trends

Between February and July, 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 January and February, when the average rate fell by 0.6062 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 27.2786) against the same month in 2018 (average: 27.7322), the exchange rate shifted by -0.4536 (-1.64%).

2019 Avg (June) 27.2786

2018 Avg (June) 27.7322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.7184	25.0006	25.4746
February	25.3453	24.3079	24.8684
March	25.2178	24.4620	24.8829
April	25.8910	25.1015	25.6017
May	26.9671	25.6162	26.2918
June	28.4844	26.4782	27.2786
July	28.3898	27.6788	27.9079
August	27.7451	27.0209	27.4069
September	27.4791	27.0724	27.3233
October	27.7663	27.2109	27.5502
November	27.6704	27.3953	27.5185
December	28.1450	27.5218	27.6805