2019 TND to CVE Historical Review

YEARLY HIGH

35.5495 CVE

YEARLY LOW

31.7871 CVE

YEARLY AVERAGE

33.8012 CVE

2019 TND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 35.5495. Conversely, the yearly low was recorded on February 24, dropping to 31.7871.

This high-to-low spread represents a total annual volatility of 3.7624 CVE. From a start-to-finish perspective, comparing the January average rate of 32.6711 to the December average rate of 35.1450, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 35.5495 was down 6.18% compared to the 2018 peak of 37.8927, 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 177,748 CVE

2018 Average 178,300 CVE

Yearly Trough Low 158,936 CVE

Transaction Impact: A difference of 18,812.10 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

35.5347

31.9876

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 32.6981, compared to 34.9043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2062 points.

H1 Avg (Jan–Jun) 32.6981

H2 Avg (Jul–Dec) 34.9043

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 1.5997 CVE (High: 34.2597 / Low: 32.6601). On the other end, October was the most stable month, with a tight range of 0.3719 CVE (High: 35.4491 / Low: 35.0772).

June Spread (Volatile) ±1.5997

October Spread (Stable) ±0.3719

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 0.3419 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.3419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 35.1450) against the same month in 2018 (average: 33.0312), the exchange rate shifted by +2.1138 (+6.40%).

2019 Avg (December) 35.1450

2018 Avg (December) 33.0312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.9366	32.1026	32.6711
February	32.8083	31.7871	32.3292
March	32.6066	31.8893	32.2832
April	32.9118	32.4762	32.6301
May	33.1219	32.6989	32.9187
June	34.2597	32.6601	33.3564
July	34.6524	33.9025	34.1922
August	34.9539	34.3359	34.6354
September	35.3593	34.8382	35.0221
October	35.4491	35.0772	35.2391
November	35.4972	35.0465	35.1922
December	35.5495	34.8939	35.1450