2021 TND to PHP Historical Review

YEARLY HIGH

18.2515 PHP

YEARLY LOW

17.2870 PHP

YEARLY AVERAGE

17.7373 PHP

2021 TND to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 18.2515. Conversely, the yearly low was recorded on April 5, dropping to 17.2870.

This high-to-low spread represents a total annual volatility of 0.9645 PHP. From a start-to-finish perspective, comparing the January average rate of 17.8189 to the December average rate of 17.4892, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.2515 was down 0.63% compared to the 2020 peak of 18.3671, 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 91,258 PHP

2020 Average 88,420 PHP

Yearly Trough Low 86,435 PHP

Transaction Impact: A difference of 4,822.38 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.0564

17.4376

JanuMarcMayJulySeptNove

TND to PHP 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 17.6396, compared to 17.8351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1955 points.

H1 Avg (Jan–Jun) 17.6396

H2 Avg (Jul–Dec) 17.8351

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.7351 PHP (High: 18.2515 / Low: 17.5164). On the other end, October was the most stable month, with a tight range of 0.2044 PHP (High: 18.0341 / Low: 17.8297).

August Spread (Volatile) ±0.7351

October Spread (Stable) ±0.2044

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3151 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 18.0048) against the same month in 2020 (average: 17.8261), the exchange rate shifted by +0.1787 (+1.00%).

2021 Avg (August) 18.0048

2020 Avg (August) 17.8261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9398	17.7057	17.8189
February	18.0870	17.5614	17.8024
March	17.8156	17.3735	17.6266
April	17.7024	17.2870	17.5334
May	17.7131	17.3185	17.5351
June	17.6084	17.3853	17.5211
July	18.2239	17.7141	17.9630
August	18.2515	17.5164	18.0048
September	18.2036	17.8084	17.9668
October	18.0341	17.8297	17.9508
November	17.9612	17.3696	17.6358
December	17.8403	17.2894	17.4892