2014 AOA to TND Historical Review

YEARLY HIGH

0.0185 TND

YEARLY LOW

0.0161 TND

YEARLY AVERAGE

0.0173 TND

2014 AOA to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0185. Conversely, the yearly low was recorded on March 12, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0024 TND. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0182, the exchange rate registered a net change of 8.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0185 was up 5.70% compared to the 2013 peak of 0.0175, 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 92 TND

2013 Average 84 TND

Yearly Trough Low 80 TND

Transaction Impact: A difference of 11.91 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0185

0.0159

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 0.0165, compared to 0.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0165

H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0006 TND (High: 0.0173 / Low: 0.0167). On the other end, March was the most stable month, with a tight range of 0.0001 TND (High: 0.0162 / Low: 0.0161).

June Spread (Volatile) ±0.0006

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0183) against the same month in 2013 (average: 0.0168), the exchange rate shifted by +0.0014 (+8.42%).

2014 Avg (October) 0.0183

2013 Avg (October) 0.0168

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0170	0.0164	0.0168
February	0.0165	0.0162	0.0163
March	0.0162	0.0161	0.0162
April	0.0164	0.0161	0.0162
May	0.0167	0.0164	0.0166
June	0.0173	0.0167	0.0170
July	0.0178	0.0172	0.0176
August	0.0179	0.0175	0.0176
September	0.0183	0.0178	0.0181
October	0.0185	0.0182	0.0183
November	0.0184	0.0182	0.0183
December	0.0183	0.0180	0.0182