YEARLY HIGH
19.2874 GMD
YEARLY LOW
18.0673 GMD
YEARLY AVERAGE
18.5511 GMD

2021 TND to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 19.2874. Conversely, the yearly low was recorded on November 25, dropping to 18.0673.

This high-to-low spread represents a total annual volatility of 1.2201 GMD. From a start-to-finish perspective, comparing the January average rate of 19.1491 to the December average rate of 18.2581, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.2874 was down 0.11% compared to the 2020 peak of 19.3082, 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 96,437 GMD
2020 Average 91,808 GMD
Yearly Trough Low 90,336 GMD
Transaction Impact: A difference of 6,100.73 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.2382
18.1690
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18.7666, compared to 18.3356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4310 points.

H1 Avg (Jan–Jun) 18.7666
H2 Avg (Jul–Dec) 18.3356

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.4730 GMD (High: 18.8257 / Low: 18.3527). On the other end, July was the most stable month, with a tight range of 0.1552 GMD (High: 18.4557 / Low: 18.3005).

March Spread (Volatile) ±0.4730
July Spread (Stable) ±0.1552

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3248 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 19.1491) against the same month in 2020 (average: 18.1967), the exchange rate shifted by +0.9523 (+5.23%).

2021 Avg (January) 19.1491
2020 Avg (January) 18.1967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.2874 19.0564 19.1491
February 19.0815 18.8108 18.9549
March 18.8257 18.3527 18.6301
April 18.7032 18.3151 18.5134
May 18.8478 18.5922 18.7500
June 18.8086 18.4310 18.6022
July 18.4557 18.3005 18.3620
August 18.4291 18.1786 18.3457
September 18.6637 18.3307 18.4054
October 18.4889 18.1826 18.3493
November 18.4889 18.0673 18.2933
December 18.5119 18.1692 18.2581