2016 AZN to TND Historical Review

YEARLY HIGH

1.4301 TND

YEARLY LOW

1.2161 TND

YEARLY AVERAGE

1.3386 TND

2016 AZN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1.4301. Conversely, the yearly low was recorded on March 12, dropping to 1.2161.

This high-to-low spread represents a total annual volatility of 0.2140 TND. From a start-to-finish perspective, comparing the January average rate of 1.2898 to the December average rate of 1.3037, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4301 was down 42.65% compared to the 2015 peak of 2.4935, 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 7,150 TND

2015 Average 9,729 TND

Yearly Trough Low 6,080 TND

Transaction Impact: A difference of 1,069.99 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.4349

1.2383

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 1.3228, compared to 1.3544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 1.3228

H2 Avg (Jul–Dec) 1.3544

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0995 TND (High: 1.3156 / Low: 1.2161). On the other end, September was the most stable month, with a tight range of 0.0287 TND (High: 1.3533 / Low: 1.3245).

March Spread (Volatile) ±0.0995

September Spread (Stable) ±0.0287

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0568 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.4185) against the same month in 2015 (average: 1.8484), the exchange rate shifted by -0.4299 (-23.26%).

2016 Avg (June) 1.4185

2015 Avg (June) 1.8484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3114	1.2534	1.2898
February	1.3075	1.2535	1.2793
March	1.3156	1.2161	1.2547
April	1.3494	1.3090	1.3272
May	1.4159	1.3237	1.3671
June	1.4301	1.3975	1.4185
July	1.4234	1.3857	1.4124
August	1.3872	1.3325	1.3556
September	1.3533	1.3245	1.3405
October	1.4048	1.3502	1.3815
November	1.3557	1.3207	1.3324
December	1.3211	1.2774	1.3037