2019 TND to CDF Historical Review

YEARLY HIGH

607.5120 CDF

YEARLY LOW

531.8384 CDF

YEARLY AVERAGE

565.4792 CDF

2019 TND to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 607.5120. Conversely, the yearly low was recorded on February 22, dropping to 531.8384.

This high-to-low spread represents a total annual volatility of 75.6736 CDF. From a start-to-finish perspective, comparing the January average rate of 551.6762 to the December average rate of 591.4122, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 607.5120 was down 11.05% compared to the 2018 peak of 682.9774, 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 3,037,560 CDF

2018 Average 3,086,245 CDF

Yearly Trough Low 2,659,192 CDF

Transaction Impact: A difference of 378,368.22 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

596.5400

535.0069

JanuMarcMayJulySeptNove

TND to CDF 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 548.0998, compared to 582.8586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.7588 points.

H1 Avg (Jan–Jun) 548.0998

H2 Avg (Jul–Dec) 582.8586

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 33.5916 CDF (High: 583.2204 / Low: 549.6288). On the other end, November was the most stable month, with a tight range of 5.8716 CDF (High: 587.8894 / Low: 582.0179).

June Spread (Volatile) ±33.5916

November Spread (Stable) ±5.8716

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 7.8621 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -7.8621

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 591.4122) against the same month in 2018 (average: 552.6254), the exchange rate shifted by +38.7868 (+7.02%).

2019 Avg (December) 591.4122

2018 Avg (December) 552.6254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	557.7591	541.1666	551.6762
February	553.9393	531.8384	543.8141
March	545.4606	534.3680	540.1346
April	546.1458	539.6396	542.9867
May	552.0894	540.7532	547.3458
June	583.2204	549.6288	562.6412
July	581.6691	572.6986	576.6843
August	582.3733	568.8165	578.2702
September	585.2163	576.8872	580.9132
October	589.5084	578.0507	585.3408
November	587.8894	582.0179	584.5308
December	607.5120	583.6008	591.4122