2019 TND to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TND to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 267.7120. Conversely, the yearly low was recorded on February 23, dropping to 237.6069.
This high-to-low spread represents a total annual volatility of 30.1051 MWK. From a start-to-finish perspective, comparing the January average rate of 246.8122 to the December average rate of 258.5696, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 267.7120 was down 14.09% compared to the 2018 peak of 311.6332, 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 MWK 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 244.5785, compared to 257.8101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.2316 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 27.4555 MWK (High: 267.7120 / Low: 240.2565). On the other end, November was the most stable month, with a tight range of 3.0574 MWK (High: 259.0182 / Low: 255.9607).
Growth Streaks & Declines
TrendsBetween May and July, 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 July and August, when the average rate fell by 7.4228 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 256.8879) against the same month in 2018 (average: 290.1111), the exchange rate shifted by -33.2232 (-11.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 267.7083 | 240.3307 | 246.8122 |
| February | 245.5989 | 237.6069 | 241.8906 |
| March | 242.2031 | 238.4954 | 239.6074 |
| April | 243.2896 | 238.7783 | 241.1816 |
| May | 246.2897 | 239.0303 | 241.0913 |
| June | 267.7120 | 240.2565 | 256.8879 |
| July | 266.8389 | 257.1643 | 263.0351 |
| August | 265.8437 | 251.7960 | 255.6122 |
| September | 257.4474 | 251.2678 | 254.0180 |
| October | 260.2882 | 254.3008 | 257.9077 |
| November | 259.0182 | 255.9607 | 257.7178 |
| December | 265.7089 | 253.9849 | 258.5696 |