YEARLY HIGH
130.9304 NGN
YEARLY LOW
101.9748 NGN
YEARLY AVERAGE
123.1734 NGN

2019 TND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 130.9304. Conversely, the yearly low was recorded on June 5, dropping to 101.9748.

This high-to-low spread represents a total annual volatility of 28.9555 NGN. From a start-to-finish perspective, comparing the January average rate of 122.6336 to the December average rate of 127.7817, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 130.9304 was down 14.00% compared to the 2018 peak of 152.2362, 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 654,652 NGN
2018 Average 688,593 NGN
Yearly Trough Low 509,874 NGN
Transaction Impact: A difference of 144,777.71 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

128.7310
117.3391
JanuMarcMayJulySeptNove

TND to NGN 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 119.8314, compared to 126.5155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.6841 points.

H1 Avg (Jan–Jun) 119.8314
H2 Avg (Jul–Dec) 126.5155

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 24.9474 NGN (High: 126.9222 / Low: 101.9748). On the other end, November was the most stable month, with a tight range of 1.2994 NGN (High: 127.9638 / Low: 126.6643).

June Spread (Volatile) ±24.9474
November Spread (Stable) ±1.2994

Growth Streaks & Declines

Trends

Between June and October, 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 January and February, when the average rate fell by 2.6246 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.6246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 127.7817) against the same month in 2018 (average: 123.7453), the exchange rate shifted by +4.0363 (+3.26%).

2019 Avg (December) 127.7817
2018 Avg (December) 123.7453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 123.7689 119.7846 122.6336
February 121.6929 117.9507 120.0090
March 119.7431 117.6199 118.8518
April 119.9752 118.4841 119.3086
May 120.9071 118.9921 119.8967
June 126.9222 101.9748 118.2884
July 126.2430 124.3302 125.2219
August 127.9710 107.1515 125.2661
September 127.2469 125.0823 126.2013
October 128.2964 126.1877 127.3576
November 127.9638 126.6643 127.2644
December 130.9304 126.5756 127.7817