2022 TND to TOP Historical Review

YEARLY HIGH

0.7998 TOP

YEARLY LOW

0.7204 TOP

YEARLY AVERAGE

0.7570 TOP

2022 TND to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TND to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.7998. Conversely, the yearly low was recorded on December 1, dropping to 0.7204.

This high-to-low spread represents a total annual volatility of 0.0794 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7886 to the December average rate of 0.7402, the exchange rate registered a net change of -6.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7998 was down 6.22% compared to the 2021 peak of 0.8528, 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 3,999 TOP

2021 Average 4,079 TOP

Yearly Trough Low 3,602 TOP

Transaction Impact: A difference of 397.15 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7935

0.7343

JanuMarcMayJulySeptNove

TND to TOP 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 0.7698, compared to 0.7443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 0.7698

H2 Avg (Jul–Dec) 0.7443

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0488 TOP (High: 0.7761 / Low: 0.7273). On the other end, October was the most stable month, with a tight range of 0.0120 TOP (High: 0.7544 / Low: 0.7425).

September Spread (Volatile) ±0.0488

October Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0192 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.7886) against the same month in 2021 (average: 0.8455), the exchange rate shifted by -0.0569 (-6.73%).

2022 Avg (January) 0.7886

2021 Avg (January) 0.8455

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7998	0.7821	0.7886
February	0.7955	0.7808	0.7874
March	0.7834	0.7583	0.7682
April	0.7665	0.7520	0.7566
May	0.7658	0.7507	0.7591
June	0.7676	0.7491	0.7589
July	0.7657	0.7372	0.7566
August	0.7487	0.7318	0.7394
September	0.7761	0.7273	0.7392
October	0.7544	0.7425	0.7484
November	0.7567	0.7245	0.7417
December	0.7555	0.7204	0.7402