YEARLY HIGH
438.0433 KRW
YEARLY LOW
400.6913 KRW
YEARLY AVERAGE
420.3456 KRW

2020 TND to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 438.0433. Conversely, the yearly low was recorded on December 6, dropping to 400.6913.

This high-to-low spread represents a total annual volatility of 37.3520 KRW. From a start-to-finish perspective, comparing the January average rate of 414.5862 to the December average rate of 405.0786, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 438.0433 was up 2.32% compared to the 2019 peak of 428.1067, 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 2,190,217 KRW
2019 Average 1,994,238 KRW
Yearly Trough Low 2,003,456 KRW
Transaction Impact: A difference of 186,760.12 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

436.8212
402.1929
JanuMarcMayJulySeptNove

TND to KRW 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 421.6834, compared to 419.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6756 points.

H1 Avg (Jan–Jun) 421.6834
H2 Avg (Jul–Dec) 419.0078

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 17.5805 KRW (High: 435.8508 / Low: 418.2704). On the other end, November was the most stable month, with a tight range of 7.9279 KRW (High: 410.1253 / Low: 402.1974).

March Spread (Volatile) ±17.5805
November Spread (Stable) ±7.9279

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 12.8416 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.8416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 433.9355) against the same month in 2019 (average: 422.3040), the exchange rate shifted by +11.6315 (+2.75%).

2020 Avg (August) 433.9355
2019 Avg (August) 422.3040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 424.1028 409.4735 414.5862
February 425.4691 413.9074 420.3213
March 435.8508 418.2704 425.3511
April 431.6469 417.4373 421.9024
May 430.8370 418.7811 424.3641
June 430.7747 418.8128 423.5751
July 433.8011 419.0297 425.8629
August 438.0433 423.1517 433.9355
September 436.0406 420.5276 428.0419
October 422.5975 407.5413 415.2003
November 410.1253 402.1974 405.9275
December 410.5144 400.6913 405.0786