2019 TND to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TND to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TND to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 89545.0963. Conversely, the yearly low was recorded on February 21, dropping to 81054.1022.
This high-to-low spread represents a total annual volatility of 8490.9941 VEF. From a start-to-finish perspective, comparing the January average rate of 83855.1176 to the December average rate of 87565.9197, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 89545.0963 was down 1.43% compared to the 2018 peak of 90842.2119, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TND to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 82985.4164, compared to 87021.3109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4035.8945 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 4859.2344 VEF (High: 87546.4194 / Low: 82687.1851). On the other end, November was the most stable month, with a tight range of 722.6080 VEF (High: 87773.8051 / Low: 87051.1971).
Growth Streaks & Declines
TrendsBetween March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1357.6783 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 87565.9197) against the same month in 2018 (average: 84472.2626), the exchange rate shifted by +3093.6571 (+3.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84244.3792 | 82280.5400 | 83855.1176 |
| February | 83765.0653 | 81054.1022 | 82497.4393 |
| March | 82677.8310 | 81333.0652 | 82008.2364 |
| April | 82727.4042 | 81890.2334 | 82330.2094 |
| May | 83385.0309 | 82133.5430 | 82710.5676 |
| June | 87546.4194 | 82687.1851 | 84510.9281 |
| July | 86816.5234 | 85818.1160 | 86324.9861 |
| August | 87418.8186 | 85922.1241 | 86710.0143 |
| September | 87286.5298 | 86301.7371 | 86739.2811 |
| October | 88147.4432 | 86661.4105 | 87480.1936 |
| November | 87773.8051 | 87051.1971 | 87307.4703 |
| December | 89545.0963 | 87005.4770 | 87565.9197 |