2021 TND to ARS Historical Review

YEARLY HIGH

35.9053 ARS

YEARLY LOW

31.3264 ARS

YEARLY AVERAGE

34.1975 ARS

2021 TND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 35.9053. Conversely, the yearly low was recorded on January 3, dropping to 31.3264.

This high-to-low spread represents a total annual volatility of 4.5789 ARS. From a start-to-finish perspective, comparing the January average rate of 31.8382 to the December average rate of 35.4007, the exchange rate registered a net change of 11.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 35.9053 was up 14.42% compared to the 2020 peak of 31.3793, 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 179,526 ARS

2020 Average 126,077 ARS

Yearly Trough Low 156,632 ARS

Transaction Impact: A difference of 22,894.34 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

35.7570

31.4820

JanuMarcMayJulySeptNove

TND to ARS 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 33.3650, compared to 35.0299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6649 points.

H1 Avg (Jan–Jun) 33.3650

H2 Avg (Jul–Dec) 35.0299

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.4685 ARS (High: 34.1496 / Low: 32.6811). On the other end, September was the most stable month, with a tight range of 0.1955 ARS (High: 35.2239 / Low: 35.0285).

April Spread (Volatile) ±1.4685

September Spread (Stable) ±0.1955

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 June and July, when the average rate fell by 0.0965 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0965

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 35.4007) against the same month in 2020 (average: 30.5671), the exchange rate shifted by +4.8336 (+15.81%).

2021 Avg (December) 35.4007

2020 Avg (December) 30.5671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.3045	31.3264	31.8382
February	33.1871	32.1121	32.6933
March	33.4715	32.8125	33.0577
April	34.1496	32.6811	33.5385
May	34.7123	33.9211	34.4347
June	34.8550	34.4147	34.6277
July	34.6570	34.3988	34.5312
August	35.0352	34.5587	34.8502
September	35.2239	35.0285	35.1509
October	35.4560	34.8151	35.1069
November	35.4760	34.7155	35.1394
December	35.9053	35.0315	35.4007