2011 AFN to TND Historical Review

YEARLY HIGH

0.0342 TND

YEARLY LOW

0.0287 TND

YEARLY AVERAGE

0.0318 TND

2011 AFN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0342. Conversely, the yearly low was recorded on October 27, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0055 TND. From a start-to-finish perspective, comparing the January average rate of 0.0334 to the December average rate of 0.0319, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0342 was up 0.02% compared to the 2010 peak of 0.0342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 171 TND

2010 Average 159 TND

Yearly Trough Low 143 TND

Transaction Impact: A difference of 27.44 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0338

0.0290

JanuMarcMayJulySeptNove

AFN 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 0.0324, compared to 0.0313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0324

H2 Avg (Jul–Dec) 0.0313

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0037 TND (High: 0.0332 / Low: 0.0295). On the other end, February was the most stable month, with a tight range of 0.0006 TND (High: 0.0332 / Low: 0.0327).

September Spread (Volatile) ±0.0037

February Spread (Stable) ±0.0006

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 September and October, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0334) against the same month in 2010 (average: 0.0275), the exchange rate shifted by +0.0058 (+21.11%).

2011 Avg (January) 0.0334

2010 Avg (January) 0.0275

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0342	0.0327	0.0334
February	0.0332	0.0327	0.0329
March	0.0328	0.0321	0.0324
April	0.0324	0.0313	0.0318
May	0.0326	0.0311	0.0320
June	0.0322	0.0315	0.0319
July	0.0326	0.0317	0.0320
August	0.0323	0.0316	0.0320
September	0.0332	0.0295	0.0322
October	0.0302	0.0287	0.0294
November	0.0318	0.0296	0.0301
December	0.0329	0.0303	0.0319