2020 TND to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TND to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 287.1579. Conversely, the yearly low was recorded on March 19, dropping to 250.2619.
This high-to-low spread represents a total annual volatility of 36.8960 MWK. From a start-to-finish perspective, comparing the January average rate of 261.7614 to the December average rate of 283.9680, the exchange rate registered a net change of 8.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 287.1579 was up 7.26% compared to the 2019 peak of 267.7120, 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 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 257.4219, compared to 273.4705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0485 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 12.6979 MWK (High: 262.9597 / Low: 250.2619). On the other end, October was the most stable month, with a tight range of 3.9213 MWK (High: 275.1200 / Low: 271.1987).
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 3.5773 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 283.9680) against the same month in 2019 (average: 258.5696), the exchange rate shifted by +25.3984 (+9.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 266.7316 | 259.3024 | 261.7614 |
| February | 261.1491 | 256.2450 | 258.3544 |
| March | 262.9597 | 250.2619 | 257.5240 |
| April | 257.0952 | 251.8593 | 253.9467 |
| May | 256.7887 | 252.7075 | 254.1346 |
| June | 262.0629 | 256.9930 | 258.8104 |
| July | 269.3929 | 256.9054 | 261.7417 |
| August | 274.9548 | 266.4508 | 272.5236 |
| September | 274.5409 | 270.0467 | 272.3969 |
| October | 275.1200 | 271.1987 | 273.5217 |
| November | 279.2992 | 272.2202 | 276.6709 |
| December | 287.1579 | 280.1156 | 283.9680 |