2015 AZN to TND Historical Review

YEARLY HIGH

2.4935 TND

YEARLY LOW

1.2967 TND

YEARLY AVERAGE

1.9482 TND

2015 AZN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AZN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 2.4935. Conversely, the yearly low was recorded on December 26, dropping to 1.2967.

This high-to-low spread represents a total annual volatility of 1.1968 TND. From a start-to-finish perspective, comparing the January average rate of 2.4355 to the December average rate of 1.7703, the exchange rate registered a net change of -27.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.4935 was up 4.80% compared to the 2014 peak of 2.3794, 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 12,468 TND

2014 Average 10,834 TND

Yearly Trough Low 6,483 TND

Transaction Impact: A difference of 5,984.24 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.5020

1.7038

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 2.0311, compared to 1.8652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1659 points.

H1 Avg (Jan–Jun) 2.0311

H2 Avg (Jul–Dec) 1.8652

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.6724 TND (High: 1.9691 / Low: 1.2967). On the other end, July was the most stable month, with a tight range of 0.0307 TND (High: 1.8859 / Low: 1.8553).

December Spread (Volatile) ±0.6724

July Spread (Stable) ±0.0307

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4589 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.4355) against the same month in 2014 (average: 2.0959), the exchange rate shifted by +0.3396 (+16.20%).

2015 Avg (January) 2.4355

2014 Avg (January) 2.0959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4935	2.3844	2.4355
February	2.4714	1.8432	2.3302
March	1.9094	1.8434	1.8713
April	1.8780	1.8238	1.8590
May	1.8765	1.8132	1.8423
June	1.8735	1.8365	1.8484
July	1.8859	1.8553	1.8721
August	1.8825	1.8170	1.8612
September	1.8806	1.8438	1.8651
October	1.9145	1.8552	1.8797
November	1.9710	1.9012	1.9429
December	1.9691	1.2967	1.7703