2018 AZN to TND Historical Review

YEARLY HIGH

1.7527 TND

YEARLY LOW

1.3939 TND

YEARLY AVERAGE

1.5501 TND

2018 AZN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.7527. Conversely, the yearly low was recorded on March 26, dropping to 1.3939.

This high-to-low spread represents a total annual volatility of 0.3588 TND. From a start-to-finish perspective, comparing the January average rate of 1.4449 to the December average rate of 1.7279, the exchange rate registered a net change of 19.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7527 was up 17.31% compared to the 2017 peak of 1.4941, 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 8,764 TND

2017 Average 7,016 TND

Yearly Trough Low 6,969 TND

Transaction Impact: A difference of 1,794.12 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7589

1.3863

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 1.4512, compared to 1.6489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1977 points.

H1 Avg (Jan–Jun) 1.4512

H2 Avg (Jul–Dec) 1.6489

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0833 TND (High: 1.4867 / Low: 1.4034). On the other end, September was the most stable month, with a tight range of 0.0243 TND (High: 1.6463 / Low: 1.6220).

January Spread (Volatile) ±0.0833

September Spread (Stable) ±0.0243

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0269 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.7279) against the same month in 2017 (average: 1.4662), the exchange rate shifted by +0.2617 (+17.85%).

2018 Avg (December) 1.7279

2017 Avg (December) 1.4662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4867	1.4034	1.4449
February	1.4374	1.3969	1.4180
March	1.4341	1.3939	1.4174
April	1.4636	1.3998	1.4263
May	1.5108	1.4355	1.4804
June	1.5468	1.5004	1.5204
July	1.5820	1.5333	1.5486
August	1.6345	1.5787	1.6121
September	1.6463	1.6220	1.6324
October	1.6916	1.6514	1.6677
November	1.7170	1.6812	1.7050
December	1.7527	1.7164	1.7279