2013 AZN to TND Historical Review

YEARLY HIGH

2.1453 TND

YEARLY LOW

1.9587 TND

YEARLY AVERAGE

2.0713 TND

2013 AZN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AZN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 2.1453. Conversely, the yearly low was recorded on February 3, dropping to 1.9587.

This high-to-low spread represents a total annual volatility of 0.1867 TND. From a start-to-finish perspective, comparing the January average rate of 1.9813 to the December average rate of 2.1169, the exchange rate registered a net change of 6.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.1453 was up 3.06% compared to the 2012 peak of 2.0816, 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 10,727 TND

2012 Average 9,943 TND

Yearly Trough Low 9,793 TND

Transaction Impact: A difference of 933.37 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.1395

1.9669

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 2.0335, compared to 2.1090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0755 points.

H1 Avg (Jan–Jun) 2.0335

H2 Avg (Jul–Dec) 2.1090

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0700 TND (High: 2.1164 / Low: 2.0464). On the other end, August was the most stable month, with a tight range of 0.0261 TND (High: 2.1110 / Low: 2.0849).

May Spread (Volatile) ±0.0700

August Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0189 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 2.1183) against the same month in 2012 (average: 2.0619), the exchange rate shifted by +0.0563 (+2.73%).

2013 Avg (July) 2.1183

2012 Avg (July) 2.0619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9985	1.9613	1.9813
February	2.0132	1.9587	1.9855
March	2.0342	1.9987	2.0177
April	2.0528	2.0221	2.0375
May	2.1164	2.0464	2.0975
June	2.1122	2.0608	2.0816
July	2.1453	2.1015	2.1183
August	2.1110	2.0849	2.0994
September	2.1198	2.0868	2.1025
October	2.1048	2.0740	2.0920
November	2.1426	2.1068	2.1251
December	2.1349	2.0937	2.1169