2021 TND to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |