2020 TND to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TND to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TND to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 133.1344. Conversely, the yearly low was recorded on March 19, dropping to 121.3254.
This high-to-low spread represents a total annual volatility of 11.8090 MRO. From a start-to-finish perspective, comparing the January average rate of 126.9298 to the December average rate of 132.1608, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 133.1344 was up 3.49% compared to the 2019 peak of 128.6486, 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 2020.
TND to MRO 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 124.8508, compared to 129.7749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9241 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 6.2885 MRO (High: 127.6139 / Low: 121.3254). On the other end, October was the most stable month, with a tight range of 1.6196 MRO (High: 130.2682 / Low: 128.6486).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.7015 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 132.1608) against the same month in 2019 (average: 125.8052), the exchange rate shifted by +6.3556 (+5.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 128.6486 | 126.0371 | 126.9298 |
| February | 126.5957 | 124.6400 | 125.5807 |
| March | 127.6139 | 121.3254 | 124.8865 |
| April | 124.6944 | 122.2080 | 123.1850 |
| May | 124.2387 | 122.5225 | 123.2341 |
| June | 126.4276 | 124.6508 | 125.2888 |
| July | 129.8890 | 124.5856 | 126.7849 |
| August | 131.5886 | 127.5683 | 130.4803 |
| September | 130.9883 | 128.3711 | 129.7271 |
| October | 130.2682 | 128.6486 | 129.5344 |
| November | 130.5779 | 128.6486 | 129.9616 |
| December | 133.1344 | 130.9131 | 132.1608 |