2014 AFN to TND Historical Review

YEARLY HIGH

0.0321 TND

YEARLY LOW

0.0275 TND

YEARLY AVERAGE

0.0298 TND

2014 AFN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0321. Conversely, the yearly low was recorded on March 7, dropping to 0.0275.

This high-to-low spread represents a total annual volatility of 0.0047 TND. From a start-to-finish perspective, comparing the January average rate of 0.0292 to the December average rate of 0.0320, the exchange rate registered a net change of 9.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0321 was up 2.58% compared to the 2013 peak of 0.0313, 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 161 TND

2013 Average 148 TND

Yearly Trough Low 137 TND

Transaction Impact: A difference of 23.38 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0324

0.0273

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 0.0284, compared to 0.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0284

H2 Avg (Jul–Dec) 0.0312

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0015 TND (High: 0.0308 / Low: 0.0293). On the other end, November was the most stable month, with a tight range of 0.0004 TND (High: 0.0319 / Low: 0.0315).

July Spread (Volatile) ±0.0015

November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0012 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0320) against the same month in 2013 (average: 0.0291), the exchange rate shifted by +0.0029 (+9.99%).

2014 Avg (December) 0.0320

2013 Avg (December) 0.0291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0296	0.0283	0.0292
February	0.0285	0.0277	0.0280
March	0.0279	0.0275	0.0277
April	0.0283	0.0277	0.0280
May	0.0287	0.0281	0.0285
June	0.0294	0.0284	0.0289
July	0.0308	0.0293	0.0301
August	0.0309	0.0301	0.0306
September	0.0316	0.0309	0.0312
October	0.0318	0.0311	0.0315
November	0.0319	0.0315	0.0318
December	0.0321	0.0317	0.0320