2012 AZN to TND Historical Review

YEARLY HIGH

2.0816 TND

YEARLY LOW

1.8956 TND

YEARLY AVERAGE

1.9882 TND

2012 AZN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AZN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 2.0816. Conversely, the yearly low was recorded on February 26, dropping to 1.8956.

This high-to-low spread represents a total annual volatility of 0.1860 TND. From a start-to-finish perspective, comparing the January average rate of 1.9242 to the December average rate of 1.9890, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.0816 was up 9.02% compared to the 2011 peak of 1.9094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,408 TND

2011 Average 8,914 TND

Yearly Trough Low 9,478 TND

Transaction Impact: A difference of 929.89 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.0772

1.8940

JanuMarcMayJulySeptNove

AZN 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 1.9562, compared to 2.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0641 points.

H1 Avg (Jan–Jun) 1.9562

H2 Avg (Jul–Dec) 2.0203

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0984 TND (High: 2.0561 / Low: 1.9577). On the other end, October was the most stable month, with a tight range of 0.0252 TND (High: 2.0096 / Low: 1.9844).

May Spread (Volatile) ±0.0984

October Spread (Stable) ±0.0252

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0452 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 2.0619) against the same month in 2011 (average: 1.7530), the exchange rate shifted by +0.3089 (+17.62%).

2012 Avg (July) 2.0619

2011 Avg (July) 1.7530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9467	1.9026	1.9242
February	1.9312	1.8956	1.9093
March	1.9354	1.9051	1.9207
April	1.9585	1.9114	1.9398
May	2.0561	1.9577	2.0050
June	2.0626	2.0132	2.0380
July	2.0816	2.0145	2.0619
August	2.0716	2.0311	2.0512
September	2.0363	1.9790	2.0060
October	2.0096	1.9844	1.9957
November	2.0315	1.9987	2.0178
December	2.0079	1.9728	1.9890