2014 BAM to TND Historical Review

YEARLY HIGH

1.1976 TND

YEARLY LOW

1.1062 TND

YEARLY AVERAGE

1.1507 TND

2014 BAM to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BAM to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1.1976. Conversely, the yearly low was recorded on February 2, dropping to 1.1062.

This high-to-low spread represents a total annual volatility of 0.0915 TND. From a start-to-finish perspective, comparing the January average rate of 1.1442 to the December average rate of 1.1681, the exchange rate registered a net change of 2.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1976 was up 1.92% compared to the 2013 peak of 1.1751, 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 5,988 TND

2013 Average 5,516 TND

Yearly Trough Low 5,531 TND

Transaction Impact: A difference of 457.36 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1915

1.1025

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 1.1300, compared to 1.1713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0413 points.

H1 Avg (Jan–Jun) 1.1300

H2 Avg (Jul–Dec) 1.1713

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0481 TND (High: 1.1568 / Low: 1.1087). On the other end, May was the most stable month, with a tight range of 0.0041 TND (High: 1.1393 / Low: 1.1352).

January Spread (Volatile) ±0.0481

May Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0344 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 1.1841) against the same month in 2013 (average: 1.1109), the exchange rate shifted by +0.0732 (+6.59%).

2014 Avg (July) 1.1841

2013 Avg (July) 1.1109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1568	1.1087	1.1442
February	1.1117	1.1062	1.1099
March	1.1188	1.1089	1.1142
April	1.1354	1.1131	1.1212
May	1.1393	1.1352	1.1368
June	1.1747	1.1362	1.1538
July	1.1976	1.1757	1.1841
August	1.1766	1.1694	1.1731
September	1.1713	1.1630	1.1669
October	1.1719	1.1609	1.1672
November	1.1728	1.1628	1.1686
December	1.1777	1.1534	1.1681