2020 TND to AFN Historical Review

YEARLY HIGH

28.8271 AFN

YEARLY LOW

25.7944 AFN

YEARLY AVERAGE

27.4058 AFN

2020 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 28.8271. Conversely, the yearly low was recorded on March 19, dropping to 25.7944.

This high-to-low spread represents a total annual volatility of 3.0328 AFN. From a start-to-finish perspective, comparing the January average rate of 27.4511 to the December average rate of 28.5312, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 28.8271 was up 1.20% compared to the 2019 peak of 28.4844, 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 144,136 AFN

2019 Average 133,302 AFN

Yearly Trough Low 128,972 AFN

Transaction Impact: A difference of 15,163.76 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.7560

26.0576

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 26.8285, compared to 27.9831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1546 points.

H1 Avg (Jan–Jun) 26.8285

H2 Avg (Jul–Dec) 27.9831

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.3804 AFN (High: 27.1748 / Low: 25.7944). On the other end, October was the most stable month, with a tight range of 0.3578 AFN (High: 28.0515 / Low: 27.6937).

March Spread (Volatile) ±1.3804

October Spread (Stable) ±0.3578

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 0.3998 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 28.5312) against the same month in 2019 (average: 27.6805), the exchange rate shifted by +0.8506 (+3.07%).

2020 Avg (December) 28.5312

2019 Avg (December) 27.6805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.1450	27.0706	27.4511
February	27.6119	26.5860	27.0599
March	27.1748	25.7944	26.6601
April	26.6504	26.0535	26.2825
May	26.6730	26.1631	26.4002
June	27.3926	26.7831	27.1173
July	27.9556	26.9586	27.3704
August	28.5824	27.5810	28.1697
September	28.1767	27.6519	27.9186
October	28.0515	27.6937	27.8872
November	28.1822	27.6880	28.0216
December	28.8271	28.2362	28.5312