2021 TND to KES Historical Review

YEARLY HIGH

40.8885 KES

YEARLY LOW

38.3831 KES

YEARLY AVERAGE

39.4885 KES

2021 TND to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 40.8885. Conversely, the yearly low was recorded on April 10, dropping to 38.3831.

This high-to-low spread represents a total annual volatility of 2.5054 KES. From a start-to-finish perspective, comparing the January average rate of 40.7420 to the December average rate of 39.2731, the exchange rate registered a net change of -3.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 40.8885 was down 1.46% compared to the 2020 peak of 41.4950, 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 204,442 KES

2020 Average 189,963 KES

Yearly Trough Low 191,916 KES

Transaction Impact: A difference of 12,526.76 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

40.9337

38.6340

JanuMarcMayJulySeptNove

TND to KES 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 39.7752, compared to 39.2018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5734 points.

H1 Avg (Jan–Jun) 39.7752

H2 Avg (Jul–Dec) 39.2018

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.1976 KES (High: 39.5807 / Low: 38.3831). On the other end, January was the most stable month, with a tight range of 0.3215 KES (High: 40.8885 / Low: 40.5669).

April Spread (Volatile) ±1.1976

January Spread (Stable) ±0.3215

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7521 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 40.7420) against the same month in 2020 (average: 35.9425), the exchange rate shifted by +4.7996 (+13.35%).

2021 Avg (January) 40.7420

2020 Avg (January) 35.9425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.8885	40.5669	40.7420
February	40.7880	40.0992	40.4236
March	40.2385	39.2136	39.8356
April	39.5807	38.3831	39.0835
May	39.7831	38.8869	39.3505
June	39.6307	38.8535	39.2162
July	38.9681	38.6444	38.8256
August	39.4237	38.9072	39.2056
September	39.5853	39.2417	39.4251
October	39.5645	38.9635	39.2523
November	39.5674	38.7626	39.2292
December	39.7610	39.0432	39.2731