YEARLY HIGH
152.3700 NGN
YEARLY LOW
136.2905 NGN
YEARLY AVERAGE
145.1985 NGN

2021 TND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 152.3700. Conversely, the yearly low was recorded on April 10, dropping to 136.2905.

This high-to-low spread represents a total annual volatility of 16.0796 NGN. From a start-to-finish perspective, comparing the January average rate of 143.7484 to the December average rate of 142.9394, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 152.3700 was up 4.25% compared to the 2020 peak of 146.1611, 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 761,850 NGN
2020 Average 678,180 NGN
Yearly Trough Low 681,452 NGN
Transaction Impact: A difference of 80,397.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

150.4822
140.0436
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 144.5755, compared to 145.8215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2460 points.

H1 Avg (Jan–Jun) 144.5755
H2 Avg (Jul–Dec) 145.8215

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 13.4358 NGN (High: 151.8498 / Low: 138.4140). On the other end, July was the most stable month, with a tight range of 1.5234 NGN (High: 148.4756 / Low: 146.9522).

May Spread (Volatile) ±13.4358
July Spread (Stable) ±1.5234

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.8128 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.8128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 143.7262) against the same month in 2020 (average: 128.0534), the exchange rate shifted by +15.6728 (+12.24%).

2021 Avg (February) 143.7262
2020 Avg (February) 128.0534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 147.2260 140.7956 143.7484
February 152.3700 139.3013 143.7262
March 149.5225 137.1346 140.9134
April 149.1130 136.2905 141.4134
May 151.8498 138.4140 148.0391
June 151.6823 147.9115 149.6123
July 148.4756 146.9522 147.6221
August 148.2221 146.1851 147.6171
September 148.0788 146.2188 147.2959
October 146.3042 144.6642 145.5096
November 146.5985 141.7090 143.9449
December 144.4289 142.2026 142.9394