2020 TND to GNF Historical Review

YEARLY HIGH

3732.9853 GNF

YEARLY LOW

3217.3987 GNF

YEARLY AVERAGE

3431.7935 GNF

2020 TND to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3732.9853. Conversely, the yearly low was recorded on March 21, dropping to 3217.3987.

This high-to-low spread represents a total annual volatility of 515.5865 GNF. From a start-to-finish perspective, comparing the January average rate of 3372.2392 to the December average rate of 3681.3628, the exchange rate registered a net change of 9.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3732.9853 was up 8.33% compared to the 2019 peak of 3445.8549, 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 18,664,926 GNF

2019 Average 15,793,375 GNF

Yearly Trough Low 16,086,994 GNF

Transaction Impact: A difference of 2,577,932.67 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3722.4911

3228.9516

JanuMarcMayJulySeptNove

TND to GNF 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 3319.6032, compared to 3543.9838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 224.3806 points.

H1 Avg (Jan–Jun) 3319.6032

H2 Avg (Jul–Dec) 3543.9838

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 188.0579 GNF (High: 3405.4566 / Low: 3217.3987). On the other end, September was the most stable month, with a tight range of 43.8315 GNF (High: 3544.3708 / Low: 3500.5394).

March Spread (Volatile) ±188.0579

September Spread (Stable) ±43.8315

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 40.8906 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -40.8906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 3681.3628) against the same month in 2019 (average: 3340.4446), the exchange rate shifted by +340.9182 (+10.21%).

2020 Avg (December) 3681.3628

2019 Avg (December) 3340.4446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3459.1029	3320.0883	3372.2392
February	3377.8073	3311.5088	3331.3486
March	3405.4566	3217.3987	3315.2108
April	3317.7224	3241.5218	3275.9627
May	3315.7301	3232.8082	3270.0799
June	3379.2375	3318.7160	3352.7779
July	3505.1960	3363.4260	3419.0394
August	3552.5560	3441.7874	3524.7626
September	3544.3708	3500.5394	3525.0739
October	3569.9786	3522.5225	3548.7955
November	3597.3916	3530.1415	3564.8684
December	3732.9853	3609.4567	3681.3628