2019 ZAR to TND Historical Review

YEARLY HIGH

0.2268 TND

YEARLY LOW

0.1855 TND

YEARLY AVERAGE

0.2028 TND

2019 ZAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.2268. Conversely, the yearly low was recorded on August 19, dropping to 0.1855.

This high-to-low spread represents a total annual volatility of 0.0413 TND. From a start-to-finish perspective, comparing the January average rate of 0.2143 to the December average rate of 0.1972, the exchange rate registered a net change of -7.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2268 was up 6.26% compared to the 2018 peak of 0.2134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,339 TND

2018 Average 9,963 TND

Yearly Trough Low 9,275 TND

Transaction Impact: A difference of 2,063.71 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2212

0.1859

JanuMarcMayJulySeptNove

ZAR 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 0.2111, compared to 0.1944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.2111

H2 Avg (Jul–Dec) 0.1944

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0209 TND (High: 0.2238 / Low: 0.2029). On the other end, November was the most stable month, with a tight range of 0.0057 TND (High: 0.1942 / Low: 0.1885).

January Spread (Volatile) ±0.0209

November Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0158 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.2182) against the same month in 2018 (average: 0.2027), the exchange rate shifted by +0.0155 (+7.67%).

2019 Avg (February) 0.2182

2018 Avg (February) 0.2027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2238	0.2029	0.2143
February	0.2268	0.2116	0.2182
March	0.2156	0.2068	0.2106
April	0.2166	0.2087	0.2134
May	0.2119	0.2033	0.2085
June	0.2066	0.1975	0.2019
July	0.2071	0.2010	0.2047
August	0.1978	0.1855	0.1888
September	0.1963	0.1887	0.1927
October	0.1947	0.1866	0.1908
November	0.1942	0.1885	0.1924
December	0.2013	0.1931	0.1972