2020 TND to ETB Historical Review

YEARLY HIGH

14.6702 ETB

YEARLY LOW

11.1434 ETB

YEARLY AVERAGE

12.4761 ETB

2020 TND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 14.6702. Conversely, the yearly low was recorded on March 21, dropping to 11.1434.

This high-to-low spread represents a total annual volatility of 3.5268 ETB. From a start-to-finish perspective, comparing the January average rate of 11.3983 to the December average rate of 14.3289, the exchange rate registered a net change of 25.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.6702 was up 27.37% compared to the 2019 peak of 11.5174, 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 73,351 ETB

2019 Average 50,002 ETB

Yearly Trough Low 55,717 ETB

Transaction Impact: A difference of 17,633.79 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.6327

10.9871

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 11.5372, compared to 13.4150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8778 points.

H1 Avg (Jan–Jun) 11.5372

H2 Avg (Jul–Dec) 13.4150

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.6561 ETB (High: 14.6702 / Low: 14.0141). On the other end, February was the most stable month, with a tight range of 0.2301 ETB (High: 11.3830 / Low: 11.1528).

December Spread (Volatile) ±0.6561

February Spread (Stable) ±0.2301

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1075 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 14.3289) against the same month in 2019 (average: 11.0957), the exchange rate shifted by +3.2331 (+29.14%).

2020 Avg (December) 14.3289

2019 Avg (December) 11.0957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5618	11.2878	11.3983
February	11.3830	11.1528	11.2909
March	11.5815	11.1434	11.4064
April	11.5522	11.2150	11.4045
May	11.9060	11.4107	11.6498
June	12.2475	11.8764	12.0733
July	12.7926	12.1480	12.4956
August	13.2531	12.6979	13.0659
September	13.4475	13.1518	13.3127
October	13.7321	13.3068	13.5009
November	13.9596	13.5282	13.7858
December	14.6702	14.0141	14.3289