2021 TND to AFN Historical Review

YEARLY HIGH

40.8353 AFN

YEARLY LOW

27.6337 AFN

YEARLY AVERAGE

29.9912 AFN

2021 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 40.8353. Conversely, the yearly low was recorded on April 3, dropping to 27.6337.

This high-to-low spread represents a total annual volatility of 13.2016 AFN. From a start-to-finish perspective, comparing the January average rate of 28.6585 to the December average rate of 35.4251, the exchange rate registered a net change of 23.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 40.8353 was up 41.66% compared to the 2020 peak of 28.8271, 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 204,177 AFN

2020 Average 137,042 AFN

Yearly Trough Low 138,168 AFN

Transaction Impact: A difference of 66,008.04 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

36.1548

27.3985

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 28.4218, compared to 31.5606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1388 points.

H1 Avg (Jan–Jun) 28.4218

H2 Avg (Jul–Dec) 31.5606

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 7.5462 AFN (High: 40.8353 / Low: 33.2891). On the other end, January was the most stable month, with a tight range of 0.4324 AFN (High: 28.9011 / Low: 28.4687).

December Spread (Volatile) ±7.5462

January Spread (Stable) ±0.4324

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3703 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 35.4251) against the same month in 2020 (average: 28.5312), the exchange rate shifted by +6.8939 (+24.16%).

2021 Avg (December) 35.4251

2020 Avg (December) 28.5312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.9011	28.4687	28.6585
February	28.9371	28.2892	28.5018
March	28.4220	27.6634	28.1315
April	28.4841	27.6337	28.1282
May	28.9755	28.1695	28.4895
June	28.8688	28.3138	28.6211
July	29.5008	28.3873	28.7195
August	30.9557	28.5983	29.8200
September	31.9465	30.3806	31.0268
October	32.2392	31.5446	31.8932
November	33.4701	31.7978	32.4788
December	40.8353	33.2891	35.4251