2019 TOP to TND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TOP to TND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TOP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 1.3709. Conversely, the yearly low was recorded on October 19, dropping to 1.2128.
This high-to-low spread represents a total annual volatility of 0.1581 TND. From a start-to-finish perspective, comparing the January average rate of 1.3070 to the December average rate of 1.2339, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1.3709 was up 3.46% compared to the 2018 peak of 1.3250, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TOP to TND 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 1.3180, compared to 1.2371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0809 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 0.0733 TND (High: 1.3158 / Low: 1.2424). On the other end, July was the most stable month, with a tight range of 0.0116 TND (High: 1.2684 / Low: 1.2568).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.0261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 1.3302) against the same month in 2018 (average: 1.0918), the exchange rate shifted by +0.2385 (+21.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.3340 | 1.2919 | 1.3070 |
| February | 1.3582 | 1.3159 | 1.3344 |
| March | 1.3505 | 1.3282 | 1.3394 |
| April | 1.3709 | 1.3084 | 1.3302 |
| May | 1.3264 | 1.3003 | 1.3114 |
| June | 1.3158 | 1.2424 | 1.2854 |
| July | 1.2684 | 1.2568 | 1.2634 |
| August | 1.2586 | 1.2288 | 1.2391 |
| September | 1.2494 | 1.2241 | 1.2357 |
| October | 1.2306 | 1.2128 | 1.2220 |
| November | 1.2459 | 1.2227 | 1.2284 |
| December | 1.2400 | 1.2143 | 1.2339 |