2020 TND to RON Historical Review

YEARLY HIGH

1.5589 RON

YEARLY LOW

1.4543 RON

YEARLY AVERAGE

1.5122 RON

2020 TND to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 1.5589. Conversely, the yearly low was recorded on August 17, dropping to 1.4543.

This high-to-low spread represents a total annual volatility of 0.1046 RON. From a start-to-finish perspective, comparing the January average rate of 1.5301 to the December average rate of 1.4813, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5589 was up 1.44% compared to the 2019 peak of 1.5369, 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 7,795 RON

2019 Average 7,254 RON

Yearly Trough Low 7,272 RON

Transaction Impact: A difference of 523.10 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.5468

1.4754

JanuMarcMayJulySeptNove

TND to RON 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 1.5289, compared to 1.4955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0334 points.

H1 Avg (Jan–Jun) 1.5289

H2 Avg (Jul–Dec) 1.4955

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0528 RON (High: 1.5072 / Low: 1.4543). On the other end, December was the most stable month, with a tight range of 0.0116 RON (High: 1.4878 / Low: 1.4762).

August Spread (Volatile) ±0.0528

December Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0209 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.5408) against the same month in 2019 (average: 1.3894), the exchange rate shifted by +0.1514 (+10.90%).

2020 Avg (February) 1.5408

2019 Avg (February) 1.3894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5372	1.5201	1.5301
February	1.5589	1.5276	1.5408
March	1.5514	1.5104	1.5280
April	1.5466	1.5173	1.5355
May	1.5429	1.5170	1.5298
June	1.5241	1.4951	1.5089
July	1.5099	1.4810	1.4995
August	1.5072	1.4543	1.4942
September	1.5127	1.4895	1.4984
October	1.5115	1.4934	1.5028
November	1.5093	1.4870	1.4967
December	1.4878	1.4762	1.4813