2019 TND to PEN Historical Review

YEARLY HIGH

1.1952 PEN

YEARLY LOW

1.0788 PEN

YEARLY AVERAGE

1.1414 PEN

2019 TND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 1.1952. Conversely, the yearly low was recorded on February 23, dropping to 1.0788.

This high-to-low spread represents a total annual volatility of 0.1163 PEN. From a start-to-finish perspective, comparing the January average rate of 1.1281 to the December average rate of 1.1812, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1952 was down 12.86% compared to the 2018 peak of 1.3716, 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 5,976 PEN

2018 Average 6,259 PEN

Yearly Trough Low 5,394 PEN

Transaction Impact: A difference of 581.69 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1928

1.0815

JanuMarcMayJulySeptNove

TND to PEN 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 1.1094, compared to 1.1734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0640 points.

H1 Avg (Jan–Jun) 1.1094

H2 Avg (Jul–Dec) 1.1734

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0464 PEN (High: 1.1616 / Low: 1.1151). On the other end, October was the most stable month, with a tight range of 0.0135 PEN (High: 1.1891 / Low: 1.1757).

June Spread (Volatile) ±0.0464

October Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0253 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.1835) against the same month in 2018 (average: 1.1623), the exchange rate shifted by +0.0213 (+1.83%).

2019 Avg (November) 1.1835

2018 Avg (November) 1.1623

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1436	1.1031	1.1281
February	1.1214	1.0788	1.1028
March	1.0991	1.0822	1.0908
April	1.1031	1.0878	1.0945
May	1.1252	1.0954	1.1085
June	1.1616	1.1151	1.1314
July	1.1511	1.1347	1.1436
August	1.1915	1.1462	1.1786
September	1.1919	1.1593	1.1715
October	1.1891	1.1757	1.1820
November	1.1952	1.1728	1.1835
December	1.1945	1.1674	1.1812