2016 TND to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TND to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 643.1951. Conversely, the yearly low was recorded on July 25, dropping to 528.9553.
This high-to-low spread represents a total annual volatility of 114.2398 MMK. From a start-to-finish perspective, comparing the January average rate of 636.1087 to the December average rate of 584.2790, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 643.1951 was down 0.97% compared to the 2015 peak of 649.5073, 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 2016.
TND to MMK 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 593.8701, compared to 559.5026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.3675 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 32.3306 MMK (High: 565.8223 / Low: 533.4917). On the other end, July was the most stable month, with a tight range of 6.9368 MMK (High: 535.8921 / Low: 528.9553).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 21.3373 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 636.1087) against the same month in 2015 (average: 539.0597), the exchange rate shifted by +97.0489 (+18.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 643.1951 | 631.7380 | 636.1087 |
| February | 635.7966 | 604.0096 | 616.3290 |
| March | 605.5634 | 595.6491 | 600.6372 |
| April | 606.3099 | 575.0762 | 587.6419 |
| May | 585.4402 | 562.5719 | 571.9207 |
| June | 565.8223 | 533.4917 | 550.5834 |
| July | 535.8921 | 528.9553 | 532.6867 |
| August | 551.8534 | 534.6395 | 541.8367 |
| September | 571.7221 | 543.6140 | 557.7370 |
| October | 575.2406 | 560.3102 | 569.6215 |
| November | 577.0715 | 565.2064 | 570.8548 |
| December | 599.0997 | 569.8013 | 584.2790 |