YEARLY HIGH
0.3896 TND
YEARLY LOW
0.1713 TND
YEARLY AVERAGE
0.3213 TND

2021 TRY to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.3896. Conversely, the yearly low was recorded on December 19, dropping to 0.1713.

This high-to-low spread represents a total annual volatility of 0.2183 TND. From a start-to-finish perspective, comparing the January average rate of 0.3646 to the December average rate of 0.2166, the exchange rate registered a net change of -40.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3896 was down 19.06% compared to the 2020 peak of 0.4814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 19,481 TND
2020 Average 20,188 TND
Yearly Trough Low 8,567 TND
Transaction Impact: A difference of 10,914.23 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3986
0.2000
JanuMarcMayJulySeptNove

TRY to TND 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 0.3478, compared to 0.2948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 0.3478
H2 Avg (Jul–Dec) 0.2948

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0972 TND (High: 0.2686 / Low: 0.1713). On the other end, January was the most stable month, with a tight range of 0.0099 TND (High: 0.3711 / Low: 0.3612).

December Spread (Volatile) ±0.0972
January Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0504 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.3820) against the same month in 2020 (average: 0.4687), the exchange rate shifted by -0.0866 (-18.49%).

2021 Avg (February) 0.3820
2020 Avg (February) 0.4687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3711 0.3612 0.3646
February 0.3896 0.3646 0.3820
March 0.3807 0.3353 0.3584
April 0.3442 0.3258 0.3377
May 0.3329 0.3177 0.3255
June 0.3275 0.3122 0.3184
July 0.3301 0.3188 0.3241
August 0.3354 0.3215 0.3288
September 0.3365 0.3148 0.3261
October 0.3198 0.2907 0.3060
November 0.2957 0.2128 0.2670
December 0.2686 0.1713 0.2166