2012 BAM to TND Historical Review

YEARLY HIGH

1.0502 TND

YEARLY LOW

0.9856 TND

YEARLY AVERAGE

1.0254 TND

2012 BAM to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BAM to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0502. Conversely, the yearly low was recorded on January 8, dropping to 0.9856.

This high-to-low spread represents a total annual volatility of 0.0645 TND. From a start-to-finish perspective, comparing the January average rate of 0.9969 to the December average rate of 1.0457, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0502 was up 2.87% compared to the 2011 peak of 1.0209, 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 5,251 TND

2011 Average 4,999 TND

Yearly Trough Low 4,928 TND

Transaction Impact: A difference of 322.74 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0506

0.9921

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 1.0181, compared to 1.0326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 1.0181

H2 Avg (Jul–Dec) 1.0326

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.0300 TND (High: 1.0414 / Low: 1.0113). On the other end, October was the most stable month, with a tight range of 0.0054 TND (High: 1.0417 / Low: 1.0363).

April Spread (Volatile) ±0.0300

October Spread (Stable) ±0.0054

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 June and July, when the average rate fell by 0.0076 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 1.0457) against the same month in 2011 (average: 0.9982), the exchange rate shifted by +0.0476 (+4.76%).

2012 Avg (December) 1.0457

2011 Avg (December) 0.9982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0126	0.9856	0.9969
February	1.0260	1.0075	1.0138
March	1.0244	1.0102	1.0185
April	1.0414	1.0113	1.0250
May	1.0393	1.0205	1.0298
June	1.0334	1.0161	1.0248
July	1.0265	1.0076	1.0171
August	1.0265	1.0124	1.0202
September	1.0436	1.0253	1.0356
October	1.0417	1.0363	1.0387
November	1.0438	1.0342	1.0381
December	1.0502	1.0405	1.0457