2012 ALL to TND Historical Review

YEARLY HIGH

0.0147 TND

YEARLY LOW

0.0140 TND

YEARLY AVERAGE

0.0144 TND

2012 ALL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ALL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.0147. Conversely, the yearly low was recorded on January 8, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0007 TND. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0146, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0147 was up 2.07% compared to the 2011 peak of 0.0144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 TND

2011 Average 70 TND

Yearly Trough Low 70 TND

Transaction Impact: A difference of 3.74 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0147

0.0141

JanuMarcMayJulySeptNove

ALL 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 0.0143, compared to 0.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0143

H2 Avg (Jul–Dec) 0.0146

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.0004 TND (High: 0.0145 / Low: 0.0142). On the other end, October was the most stable month, with a tight range of 0.0001 TND (High: 0.0146 / Low: 0.0145).

April Spread (Volatile) ±0.0004

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 0.0146) against the same month in 2011 (average: 0.0139), the exchange rate shifted by +0.0007 (+5.19%).

2012 Avg (September) 0.0146

2011 Avg (September) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0143	0.0140	0.0141
February	0.0143	0.0142	0.0143
March	0.0143	0.0142	0.0143
April	0.0145	0.0142	0.0143
May	0.0146	0.0143	0.0145
June	0.0146	0.0144	0.0145
July	0.0146	0.0144	0.0145
August	0.0146	0.0144	0.0145
September	0.0147	0.0144	0.0146
October	0.0146	0.0145	0.0146
November	0.0146	0.0145	0.0145
December	0.0147	0.0146	0.0146