YEARLY HIGH
37.8927 CVE
YEARLY LOW
32.5272 CVE
YEARLY AVERAGE
35.6707 CVE

2018 TND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 37.8927. Conversely, the yearly low was recorded on December 23, dropping to 32.5272.

This high-to-low spread represents a total annual volatility of 5.3655 CVE. From a start-to-finish perspective, comparing the January average rate of 37.1338 to the December average rate of 33.0312, the exchange rate registered a net change of -11.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 37.8927 was down 17.16% compared to the 2017 peak of 45.7427, 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 189,463 CVE
2017 Average 204,026 CVE
Yearly Trough Low 162,636 CVE
Transaction Impact: A difference of 26,827.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

37.8642
32.5918
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 37.1218, compared to 34.2196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9022 points.

H1 Avg (Jan–Jun) 37.1218
H2 Avg (Jul–Dec) 34.2196

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 1.2834 CVE (High: 36.3988 / Low: 35.1154). On the other end, September was the most stable month, with a tight range of 0.7406 CVE (High: 34.4877 / Low: 33.7471).

July Spread (Volatile) ±1.2834
September Spread (Stable) ±0.7406

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9756 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.9756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 37.3424) against the same month in 2017 (average: 45.2657), the exchange rate shifted by -7.9233 (-17.50%).

2018 Avg (March) 37.3424
2017 Avg (March) 45.2657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.6003 36.4869 37.1338
February 37.7243 36.9495 37.4248
March 37.8927 36.7484 37.3424
April 37.6044 36.6662 37.1568
May 37.6082 36.4804 37.0606
June 37.0696 35.8297 36.6124
July 36.3988 35.1154 35.8747
August 35.3076 34.2385 34.8991
September 34.4877 33.7471 34.1182
October 34.1760 33.3557 33.9173
November 33.9587 33.1250 33.4772
December 33.3652 32.5272 33.0312