2011 TND to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TND to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 23.3510. Conversely, the yearly low was recorded on December 15, dropping to 17.7321.
This high-to-low spread represents a total annual volatility of 5.6189 MZN. From a start-to-finish perspective, comparing the January average rate of 22.6219 to the December average rate of 17.9885, the exchange rate registered a net change of -20.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 23.3510 was down 11.23% compared to the 2010 peak of 26.3050, 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 2011.
TND to MZN 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 22.1124, compared to 18.9486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1638 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 2.3284 MZN (High: 23.3510 / Low: 21.0226). On the other end, December was the most stable month, with a tight range of 0.5413 MZN (High: 18.2734 / Low: 17.7321).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9165 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 21.8264) against the same month in 2010 (average: 22.7786), the exchange rate shifted by -0.9521 (-4.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.0508 | 21.9621 | 22.6219 |
| February | 22.9003 | 21.8608 | 22.2569 |
| March | 22.4413 | 21.7591 | 22.2118 |
| April | 23.2082 | 21.9592 | 22.6306 |
| May | 23.3510 | 21.0226 | 21.8264 |
| June | 21.7031 | 20.5840 | 21.1268 |
| July | 20.7860 | 19.7412 | 20.2102 |
| August | 19.8951 | 19.1971 | 19.4719 |
| September | 19.5118 | 18.5219 | 18.9533 |
| October | 19.2933 | 18.2979 | 18.7083 |
| November | 18.7447 | 17.8093 | 18.3591 |
| December | 18.2734 | 17.7321 | 17.9885 |