2020 TND to PEN Historical Review

YEARLY HIGH

1.3500 PEN

YEARLY LOW

1.1574 PEN

YEARLY AVERAGE

1.2467 PEN

2020 TND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.3500. Conversely, the yearly low was recorded on May 3, dropping to 1.1574.

This high-to-low spread represents a total annual volatility of 0.1925 PEN. From a start-to-finish perspective, comparing the January average rate of 1.1824 to the December average rate of 1.3330, the exchange rate registered a net change of 12.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3500 was up 12.95% compared to the 2019 peak of 1.1952, 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 6,750 PEN

2019 Average 5,708 PEN

Yearly Trough Low 5,787 PEN

Transaction Impact: A difference of 962.72 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3489

1.1575

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 1.1946, compared to 1.2988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1042 points.

H1 Avg (Jan–Jun) 1.1946

H2 Avg (Jul–Dec) 1.2988

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0748 PEN (High: 1.2514 / Low: 1.1766). On the other end, October was the most stable month, with a tight range of 0.0196 PEN (High: 1.3128 / Low: 1.2932).

March Spread (Volatile) ±0.0748

October Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0466 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.3330) against the same month in 2019 (average: 1.1812), the exchange rate shifted by +0.1518 (+12.85%).

2020 Avg (December) 1.3330

2019 Avg (December) 1.1812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2013	1.1719	1.1824
February	1.2132	1.1809	1.1928
March	1.2514	1.1766	1.2201
April	1.2037	1.1581	1.1735
May	1.1966	1.1574	1.1794
June	1.2373	1.1912	1.2195
July	1.2818	1.2315	1.2489
August	1.3130	1.2783	1.3012
September	1.3040	1.2817	1.2919
October	1.3128	1.2932	1.3046
November	1.3313	1.2957	1.3134
December	1.3500	1.3232	1.3330