2020 TND to CVE Historical Review

YEARLY HIGH

89.3513 CVE

YEARLY LOW

33.3572 CVE

YEARLY AVERAGE

34.7561 CVE

2020 TND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 89.3513. Conversely, the yearly low was recorded on August 17, dropping to 33.3572.

This high-to-low spread represents a total annual volatility of 55.9941 CVE. From a start-to-finish perspective, comparing the January average rate of 35.4328 to the December average rate of 33.6572, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 89.3513 was up 151.34% compared to the 2019 peak of 35.5495, 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 446,756 CVE

2019 Average 169,053 CVE

Yearly Trough Low 166,786 CVE

Transaction Impact: A difference of 279,970.51 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

37.1436

33.3402

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 35.4346, compared to 34.0776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3570 points.

H1 Avg (Jan–Jun) 35.4346

H2 Avg (Jul–Dec) 34.0776

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 54.9328 CVE (High: 89.3513 / Low: 34.4184). On the other end, December was the most stable month, with a tight range of 0.2618 CVE (High: 33.8054 / Low: 33.5436).

March Spread (Volatile) ±54.9328

December Spread (Stable) ±0.2618

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.6828 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 36.8266) against the same month in 2019 (average: 32.2832), the exchange rate shifted by +4.5434 (+14.07%).

2020 Avg (March) 36.8266

2019 Avg (March) 32.2832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.6105	35.1943	35.4328
February	36.0404	35.3312	35.6816
March	89.3513	34.4184	36.8266
April	35.3999	34.8941	35.1438
May	35.4027	34.6268	34.9922
June	34.7307	34.2964	34.5305
July	36.2471	34.0592	34.3925
August	34.6439	33.3572	34.1233
September	34.2503	33.9456	34.1025
October	34.3586	33.9588	34.1404
November	34.3564	33.7418	34.0496
December	33.8054	33.5436	33.6572