2020 TND to MZN Historical Review

YEARLY HIGH

27.9694 MZN

YEARLY LOW

21.8763 MZN

YEARLY AVERAGE

24.7753 MZN

2020 TND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 27.9694. Conversely, the yearly low was recorded on January 9, dropping to 21.8763.

This high-to-low spread represents a total annual volatility of 6.0931 MZN. From a start-to-finish perspective, comparing the January average rate of 22.2386 to the December average rate of 27.5744, the exchange rate registered a net change of 23.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 27.9694 was up 23.99% compared to the 2019 peak of 22.5585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 139,847 MZN

2019 Average 107,002 MZN

Yearly Trough Low 109,382 MZN

Transaction Impact: A difference of 30,465.46 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.1080

21.7050

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 23.2251, compared to 26.3255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1003 points.

H1 Avg (Jan–Jun) 23.2251

H2 Avg (Jul–Dec) 26.3255

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 1.2835 MZN (High: 25.7595 / Low: 24.4760). On the other end, September was the most stable month, with a tight range of 0.3620 MZN (High: 26.2857 / Low: 25.9238).

July Spread (Volatile) ±1.2835

September Spread (Stable) ±0.3620

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 27.5744) against the same month in 2019 (average: 22.2398), the exchange rate shifted by +5.3346 (+23.99%).

2020 Avg (December) 27.5744

2019 Avg (December) 22.2398

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6064	21.8763	22.2386
February	22.9324	22.4537	22.6660
March	23.4502	22.5604	23.1016
April	23.4904	22.9012	23.2027
May	24.1587	23.3674	23.6538
June	24.6304	24.2395	24.4882
July	25.7595	24.4760	25.0119
August	26.2387	25.4301	26.0182
September	26.2857	25.9238	26.1337
October	26.5925	26.1924	26.3858
November	27.1514	26.3604	26.8288
December	27.9694	27.1513	27.5744