2021 TND to AOA Historical Review

YEARLY HIGH

244.7801 AOA

YEARLY LOW

191.4563 AOA

YEARLY AVERAGE

225.8303 AOA

2021 TND to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 244.7801. Conversely, the yearly low was recorded on December 31, dropping to 191.4563.

This high-to-low spread represents a total annual volatility of 53.3238 AOA. From a start-to-finish perspective, comparing the January average rate of 243.0471 to the December average rate of 195.9308, the exchange rate registered a net change of -19.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 244.7801 was up 0.22% compared to the 2020 peak of 244.2331, 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 1,223,900 AOA

2020 Average 1,033,969 AOA

Yearly Trough Low 957,281 AOA

Transaction Impact: A difference of 266,618.94 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

247.7587

191.2192

JanuMarcMayJulySeptNove

TND to AOA 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 235.7717, compared to 215.8889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.8828 points.

H1 Avg (Jan–Jun) 235.7717

H2 Avg (Jul–Dec) 215.8889

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 15.6627 AOA (High: 212.2667 / Low: 196.6039). On the other end, October was the most stable month, with a tight range of 1.7990 AOA (High: 212.6222 / Low: 210.8232).

November Spread (Volatile) ±15.6627

October Spread (Stable) ±1.7990

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 14.1431 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -14.1431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 243.0471) against the same month in 2020 (average: 173.8028), the exchange rate shifted by +69.2443 (+39.84%).

2021 Avg (January) 243.0471

2020 Avg (January) 173.8028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	244.7801	241.4787	243.0471
February	243.0415	234.2845	240.2589
March	230.5364	224.1474	226.1158
April	239.9613	224.5728	232.8436
May	240.4494	235.5531	238.2334
June	236.0728	232.0622	234.1311
July	232.7260	228.7044	230.4731
August	230.0706	226.4358	228.5186
September	227.9868	213.3409	221.1964
October	212.6222	210.8232	211.6315
November	212.2667	196.6039	207.5829
December	198.8838	191.4563	195.9308