YEARLY HIGH
2.4278 DKK
YEARLY LOW
2.2410 DKK
YEARLY AVERAGE
2.3304 DKK

2020 TND to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 2.4278. Conversely, the yearly low was recorded on August 17, dropping to 2.2410.

This high-to-low spread represents a total annual volatility of 0.1867 DKK. From a start-to-finish perspective, comparing the January average rate of 2.3929 to the December average rate of 2.2629, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4278 was up 1.11% compared to the 2019 peak of 2.4012, 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 12,139 DKK
2019 Average 11,413 DKK
Yearly Trough Low 11,205 DKK
Transaction Impact: A difference of 933.70 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4220
2.2485
JanuMarcMayJulySeptNove

TND to DKK 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 2.3691, compared to 2.2916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0776 points.

H1 Avg (Jan–Jun) 2.3691
H2 Avg (Jul–Dec) 2.2916

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0796 DKK (High: 2.3207 / Low: 2.2410). On the other end, December was the most stable month, with a tight range of 0.0182 DKK (High: 2.2737 / Low: 2.2555).

August Spread (Volatile) ±0.0796
December Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0458 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.4075) against the same month in 2019 (average: 2.1829), the exchange rate shifted by +0.2246 (+10.29%).

2020 Avg (February) 2.4075
2019 Avg (February) 2.1829

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4033 2.3770 2.3929
February 2.4278 2.3796 2.4075
March 2.3886 2.3320 2.3617
April 2.3880 2.3439 2.3693
May 2.3804 2.3336 2.3588
June 2.3401 2.3053 2.3247
July 2.3248 2.2813 2.3079
August 2.3207 2.2410 2.3005
September 2.3113 2.2843 2.2943
October 2.3073 2.2818 2.2952
November 2.3104 2.2693 2.2885
December 2.2737 2.2555 2.2629