2018 TND to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TND to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 26.1139. Conversely, the yearly low was recorded on December 10, dropping to 20.3093.
This high-to-low spread represents a total annual volatility of 5.8046 MZN. From a start-to-finish perspective, comparing the January average rate of 24.1641 to the December average rate of 20.7380, the exchange rate registered a net change of -14.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 26.1139 was down 16.13% compared to the 2017 peak of 31.1369, 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 2018.
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 24.5434, compared to 21.4319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1115 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 1.6136 MZN (High: 25.0748 / Low: 23.4611). On the other end, November was the most stable month, with a tight range of 0.4879 MZN (High: 21.2330 / Low: 20.7451).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 1.1140 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 25.7497) against the same month in 2017 (average: 30.2630), the exchange rate shifted by -4.5133 (-14.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.0748 | 23.4611 | 24.1641 |
| February | 25.7361 | 25.1347 | 25.4386 |
| March | 26.1139 | 25.4320 | 25.7497 |
| April | 25.4784 | 23.9816 | 24.9981 |
| May | 24.4508 | 23.3457 | 23.8841 |
| June | 23.4743 | 22.6302 | 23.0259 |
| July | 22.9075 | 21.6384 | 22.3808 |
| August | 21.8219 | 20.9244 | 21.3956 |
| September | 22.0118 | 21.4963 | 21.7631 |
| October | 21.5897 | 21.0611 | 21.3441 |
| November | 21.2330 | 20.7451 | 20.9695 |
| December | 20.9800 | 20.3093 | 20.7380 |