YEARLY HIGH
1459.0457 MGA
YEARLY LOW
1350.4741 MGA
YEARLY AVERAGE
1387.1226 MGA

2021 TND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1459.0457. Conversely, the yearly low was recorded on July 13, dropping to 1350.4741.

This high-to-low spread represents a total annual volatility of 108.5717 MGA. From a start-to-finish perspective, comparing the January average rate of 1411.4103 to the December average rate of 1379.0160, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1459.0457 was up 0.63% compared to the 2020 peak of 1449.9508, 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 7,295,229 MGA
2020 Average 6,795,397 MGA
Yearly Trough Low 6,752,370 MGA
Transaction Impact: A difference of 542,858.40 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1415.5057
1366.3612
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1382.0711, compared to 1392.1741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1030 points.

H1 Avg (Jan–Jun) 1382.0711
H2 Avg (Jul–Dec) 1392.1741

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 69.8079 MGA (High: 1459.0457 / Low: 1389.2378). On the other end, September was the most stable month, with a tight range of 20.1855 MGA (High: 1413.6867 / Low: 1393.5012).

January Spread (Volatile) ±69.8079
September Spread (Stable) ±20.1855

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 24.5280 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -24.5280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1411.4103) against the same month in 2020 (average: 1308.7260), the exchange rate shifted by +102.6843 (+7.85%).

2021 Avg (January) 1411.4103
2020 Avg (January) 1308.7260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1459.0457 1389.2378 1411.4103
February 1403.2992 1370.0148 1386.8823
March 1380.0138 1356.3294 1370.4566
April 1386.5308 1354.8900 1371.6175
May 1388.7381 1367.1182 1377.1317
June 1406.0028 1356.9492 1374.9281
July 1410.6663 1350.4741 1378.1359
August 1411.4660 1358.1519 1395.4925
September 1413.6867 1393.5012 1406.1413
October 1413.3391 1381.7764 1400.6047
November 1411.7446 1374.1256 1393.6538
December 1396.3933 1357.9864 1379.0160