2019 TND to ETB Historical Review

YEARLY HIGH

11.5174 ETB

YEARLY LOW

9.2783 ETB

YEARLY AVERAGE

9.9963 ETB

2019 TND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.5174. Conversely, the yearly low was recorded on February 24, dropping to 9.2783.

This high-to-low spread represents a total annual volatility of 2.2392 ETB. From a start-to-finish perspective, comparing the January average rate of 9.5704 to the December average rate of 11.0957, the exchange rate registered a net change of 15.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 11.5174 was down 0.92% compared to the 2018 peak of 11.6244, 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 57,587 ETB

2018 Average 52,720 ETB

Yearly Trough Low 46,391 ETB

Transaction Impact: A difference of 11,195.85 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.2633

9.2523

JanuMarcMayJulySeptNove

TND to ETB 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 9.5746, compared to 10.4181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8435 points.

H1 Avg (Jan–Jun) 9.5746

H2 Avg (Jul–Dec) 10.4181

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.8627 ETB (High: 11.5174 / Low: 10.6547). On the other end, April was the most stable month, with a tight range of 0.1467 ETB (High: 9.5967 / Low: 9.4499).

December Spread (Volatile) ±0.8627

April Spread (Stable) ±0.1467

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1171 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 11.0957) against the same month in 2018 (average: 9.5854), the exchange rate shifted by +1.5103 (+15.76%).

2019 Avg (December) 11.0957

2018 Avg (December) 9.5854

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6508	9.3738	9.5704
February	9.6107	9.2783	9.4532
March	9.4936	9.3054	9.4199
April	9.5967	9.4499	9.5408
May	9.7104	9.5349	9.6153
June	10.1466	9.6283	9.8479
July	10.1363	9.8644	10.0632
August	10.3118	10.0176	10.1778
September	10.3076	10.1286	10.2561
October	10.5178	10.1818	10.4037
November	10.7519	10.3115	10.5118
December	11.5174	10.6547	11.0957