2019 TND to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TND to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1331.7859. Conversely, the yearly low was recorded on December 16, dropping to 854.8165.
This high-to-low spread represents a total annual volatility of 476.9694 MGA. From a start-to-finish perspective, comparing the January average rate of 1200.9890 to the December average rate of 1270.6172, the exchange rate registered a net change of 5.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 1331.7859 was down 2.25% compared to the 2018 peak of 1362.4568, 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 2019.
TND to MGA 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 1199.1128, compared to 1286.8959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 87.7830 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 476.9694 MGA (High: 1331.7859 / Low: 854.8165). On the other end, March was the most stable month, with a tight range of 24.0980 MGA (High: 1181.6219 / Low: 1157.5239).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 26.9017 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 1270.6172) against the same month in 2018 (average: 1207.3165), the exchange rate shifted by +63.3007 (+5.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1231.6594 | 1169.0367 | 1200.9890 |
| February | 1211.6591 | 1145.4969 | 1174.0873 |
| March | 1181.6219 | 1157.5239 | 1168.9397 |
| April | 1209.4822 | 1179.5454 | 1197.0676 |
| May | 1227.6034 | 1196.5320 | 1212.9531 |
| June | 1287.0983 | 1217.9670 | 1240.6405 |
| July | 1275.5179 | 1250.6678 | 1263.4645 |
| August | 1301.1322 | 1266.2255 | 1286.8454 |
| September | 1321.9682 | 1290.3119 | 1306.1448 |
| October | 1313.5390 | 1284.0800 | 1297.6643 |
| November | 1316.7119 | 1267.7442 | 1296.6389 |
| December | 1331.7859 | 854.8165 | 1270.6172 |