2011 TND to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TND to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TND to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 5.8231. Conversely, the yearly low was recorded on January 3, dropping to 4.5865.
This high-to-low spread represents a total annual volatility of 1.2366 ZAR. From a start-to-finish perspective, comparing the January average rate of 4.8297 to the December average rate of 5.5193, the exchange rate registered a net change of 14.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 5.8231 was up 2.07% compared to the 2010 peak of 5.7050, 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 2011.
TND to ZAR 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 4.9498, compared to 5.3602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4104 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 0.7408 ZAR (High: 5.8231 / Low: 5.0823). On the other end, June was the most stable month, with a tight range of 0.0653 ZAR (High: 4.9830 / Low: 4.9177).
Growth Streaks & Declines
TrendsBetween July and November, 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 February and March, when the average rate fell by 0.1089 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2011: 5.3354) against the same month in 2010 (average: 4.8763), the exchange rate shifted by +0.4591 (+9.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.1045 | 4.5865 | 4.8297 |
| February | 5.1378 | 4.9502 | 5.0680 |
| March | 5.0769 | 4.8931 | 4.9590 |
| April | 4.9990 | 4.8302 | 4.9090 |
| May | 5.0649 | 4.8864 | 4.9792 |
| June | 4.9830 | 4.9177 | 4.9539 |
| July | 5.0169 | 4.8593 | 4.9213 |
| August | 5.2830 | 4.8957 | 5.1610 |
| September | 5.8231 | 5.0823 | 5.3354 |
| October | 5.7468 | 5.4926 | 5.5982 |
| November | 5.8164 | 5.4582 | 5.6258 |
| December | 5.6449 | 5.4065 | 5.5193 |