2017 TND to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 TND to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 45.7427. Conversely, the yearly low was recorded on December 19, dropping to 37.1659.
This high-to-low spread represents a total annual volatility of 8.5768 CVE. From a start-to-finish perspective, comparing the January average rate of 45.1040 to the December average rate of 37.5536, the exchange rate registered a net change of -16.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 45.7427 was down 8.57% compared to the 2016 peak of 50.0284, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
TND to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 43.5145, compared to 38.1518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3627 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 4.4464 CVE (High: 45.6312 / Low: 41.1848). On the other end, December was the most stable month, with a tight range of 0.6515 CVE (High: 37.8174 / Low: 37.1659).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.6384 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 45.4415) against the same month in 2016 (average: 49.1414), the exchange rate shifted by -3.6999 (-7.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.6520 | 44.6721 | 45.1040 |
| February | 45.7427 | 44.5436 | 45.4415 |
| March | 45.6948 | 44.2564 | 45.2657 |
| April | 45.6312 | 41.1848 | 43.8611 |
| May | 42.4123 | 40.3227 | 41.2228 |
| June | 40.7343 | 39.2234 | 40.1918 |
| July | 39.9845 | 38.3898 | 39.2668 |
| August | 39.1475 | 37.9916 | 38.5823 |
| September | 38.2361 | 37.4183 | 37.9137 |
| October | 38.1210 | 37.3098 | 37.8330 |
| November | 38.1576 | 37.1945 | 37.7612 |
| December | 37.8174 | 37.1659 | 37.5536 |