2013 ARS to TND Historical Review

YEARLY HIGH

0.3180 TND

YEARLY LOW

0.2518 TND

YEARLY AVERAGE

0.2981 TND

2013 ARS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.3180. Conversely, the yearly low was recorded on December 30, dropping to 0.2518.

This high-to-low spread represents a total annual volatility of 0.0662 TND. From a start-to-finish perspective, comparing the January average rate of 0.3144 to the December average rate of 0.2622, the exchange rate registered a net change of -16.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.3180 was down 12.19% compared to the 2012 peak of 0.3621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,590 TND

2012 Average 1,719 TND

Yearly Trough Low 1,259 TND

Transaction Impact: A difference of 330.79 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.3197

0.2570

JanuMarcMayJulySeptNove

ARS 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 0.3114, compared to 0.2848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 0.3114

H2 Avg (Jul–Dec) 0.2848

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0201 TND (High: 0.2719 / Low: 0.2518). On the other end, April was the most stable month, with a tight range of 0.0037 TND (High: 0.3120 / Low: 0.3084).

December Spread (Volatile) ±0.0201

April Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0151 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.3145) against the same month in 2012 (average: 0.3543), the exchange rate shifted by -0.0399 (-11.25%).

2013 Avg (May) 0.3145

2012 Avg (May) 0.3543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3180	0.3091	0.3144
February	0.3134	0.3086	0.3111
March	0.3146	0.3075	0.3112
April	0.3120	0.3084	0.3104
May	0.3180	0.3096	0.3145
June	0.3109	0.3030	0.3065
July	0.3112	0.2996	0.3056
August	0.3003	0.2906	0.2952
September	0.2916	0.2842	0.2878
October	0.2846	0.2767	0.2807
November	0.2807	0.2716	0.2773
December	0.2719	0.2518	0.2622