2011 AOA to TND Historical Review

YEARLY HIGH

0.0159 TND

YEARLY LOW

0.0144 TND

YEARLY AVERAGE

0.0150 TND

2011 AOA to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AOA to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0159. Conversely, the yearly low was recorded on May 2, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0015 TND. From a start-to-finish perspective, comparing the January average rate of 0.0155 to the December average rate of 0.0156, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0159 was down 5.63% compared to the 2010 peak of 0.0168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79 TND

2010 Average 78 TND

Yearly Trough Low 72 TND

Transaction Impact: A difference of 7.49 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0157

0.0146

JanuMarcMayJulySeptNove

AOA 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 0.0150, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0150

H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0008 TND (High: 0.0154 / Low: 0.0146). On the other end, February was the most stable month, with a tight range of 0.0003 TND (High: 0.0154 / Low: 0.0151).

October Spread (Volatile) ±0.0008

February Spread (Stable) ±0.0003

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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0155) against the same month in 2010 (average: 0.0148), the exchange rate shifted by +0.0007 (+4.73%).

2011 Avg (January) 0.0155

2010 Avg (January) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0159	0.0151	0.0155
February	0.0154	0.0151	0.0152
March	0.0152	0.0148	0.0150
April	0.0150	0.0145	0.0147
May	0.0151	0.0144	0.0148
June	0.0149	0.0146	0.0147
July	0.0151	0.0147	0.0148
August	0.0149	0.0146	0.0148
September	0.0152	0.0148	0.0151
October	0.0154	0.0146	0.0150
November	0.0156	0.0150	0.0153
December	0.0158	0.0154	0.0156