2011 BAM to TND Historical Review

YEARLY HIGH

1.0209 TND

YEARLY LOW

0.9674 TND

YEARLY AVERAGE

0.9997 TND

2011 BAM to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BAM to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1.0209. Conversely, the yearly low was recorded on January 13, dropping to 0.9674.

This high-to-low spread represents a total annual volatility of 0.0535 TND. From a start-to-finish perspective, comparing the January average rate of 0.9796 to the December average rate of 0.9982, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0209 was up 2.06% compared to the 2010 peak of 1.0003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,105 TND

2010 Average 4,845 TND

Yearly Trough Low 4,837 TND

Transaction Impact: A difference of 267.52 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0139

0.9765

JanuMarcMayJulySeptNove

BAM 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 0.9988, compared to 1.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.9988

H2 Avg (Jul–Dec) 1.0007

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0268 TND (High: 1.0071 / Low: 0.9803). On the other end, February was the most stable month, with a tight range of 0.0114 TND (High: 0.9945 / Low: 0.9830).

October Spread (Volatile) ±0.0268

February Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0109 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.0107) against the same month in 2010 (average: 0.9671), the exchange rate shifted by +0.0436 (+4.51%).

2011 Avg (April) 1.0107

2010 Avg (April) 0.9671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9908	0.9674	0.9796
February	0.9945	0.9830	0.9882
March	1.0038	0.9901	0.9974
April	1.0209	1.0014	1.0107
May	1.0209	0.9978	1.0089
June	1.0157	0.9985	1.0078
July	1.0134	0.9971	1.0055
August	1.0123	0.9991	1.0062
September	1.0104	0.9865	0.9953
October	1.0071	0.9803	0.9953
November	1.0088	0.9964	1.0035
December	1.0125	0.9863	0.9982