2020 TND to CDF Historical Review

YEARLY HIGH

735.2109 CDF

YEARLY LOW

549.6153 CDF

YEARLY AVERAGE

660.5208 CDF

2020 TND to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 735.2109. Conversely, the yearly low was recorded on December 6, dropping to 549.6153.

This high-to-low spread represents a total annual volatility of 185.5956 CDF. From a start-to-finish perspective, comparing the January average rate of 599.6562 to the December average rate of 723.6540, the exchange rate registered a net change of 20.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 735.2109 was up 21.02% compared to the 2019 peak of 607.5120, 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 3,676,054 CDF

2019 Average 2,828,161 CDF

Yearly Trough Low 2,748,076 CDF

Transaction Impact: A difference of 927,977.93 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

736.7293

579.8267

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 609.5439, compared to 711.4976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 101.9537 points.

H1 Avg (Jan–Jun) 609.5439

H2 Avg (Jul–Dec) 711.4976

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 185.5956 CDF (High: 735.2109 / Low: 549.6153). On the other end, February was the most stable month, with a tight range of 9.7466 CDF (High: 599.7435 / Low: 589.9969).

December Spread (Volatile) ±185.5956

February Spread (Stable) ±9.7466

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 September and October, when the average rate fell by 5.6723 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.6723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 723.6540) against the same month in 2019 (average: 591.4122), the exchange rate shifted by +132.2418 (+22.36%).

2020 Avg (December) 723.6540

2019 Avg (December) 591.4122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	608.7046	594.8808	599.6562
February	599.7435	589.9969	594.6522
March	607.9044	580.0514	596.2695
April	599.0380	585.7082	592.9019
May	634.6148	593.6962	616.6819
June	673.1539	637.6835	657.1018
July	715.6663	669.2348	691.0923
August	730.1762	699.5244	717.6246
September	719.6899	706.9573	713.2419
October	716.3164	657.6212	707.5696
November	719.8239	707.2280	715.8031
December	735.2109	549.6153	723.6540