2016 TND to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TND to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TND to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 21.4496. Conversely, the yearly low was recorded on December 27, dropping to 18.2612.
This high-to-low spread represents a total annual volatility of 3.1884 GMD. From a start-to-finish perspective, comparing the January average rate of 19.3365 to the December average rate of 18.5327, the exchange rate registered a net change of -4.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 21.4496 was down 6.88% compared to the 2015 peak of 23.0336, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TND to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.1245, compared to 19.0691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 2.1003 GMD (High: 21.2114 / Low: 19.1111). On the other end, September was the most stable month, with a tight range of 0.1689 GMD (High: 19.4124 / Low: 19.2435).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.0557 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 20.8498) against the same month in 2015 (average: 22.2592), the exchange rate shifted by -1.4094 (-6.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4343 | 19.2186 | 19.3365 |
| February | 19.7059 | 19.2461 | 19.5154 |
| March | 21.2114 | 19.1111 | 20.0575 |
| April | 21.3651 | 21.0680 | 21.1937 |
| May | 21.4496 | 20.1927 | 20.8498 |
| June | 20.3259 | 19.4327 | 19.7941 |
| July | 19.4901 | 19.0859 | 19.2924 |
| August | 19.5716 | 19.2095 | 19.3731 |
| September | 19.4124 | 19.2435 | 19.3364 |
| October | 19.3849 | 18.8668 | 19.0901 |
| November | 19.1803 | 18.4593 | 18.7899 |
| December | 18.8156 | 18.2612 | 18.5327 |