2018 TND to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |