2016 BAM to TND Historical Review

YEARLY HIGH

1.2672 TND

YEARLY LOW

1.1296 TND

YEARLY AVERAGE

1.2134 TND

2016 BAM to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BAM to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1.2672. Conversely, the yearly low was recorded on January 4, dropping to 1.1296.

This high-to-low spread represents a total annual volatility of 0.1377 TND. From a start-to-finish perspective, comparing the January average rate of 1.1350 to the December average rate of 1.2441, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2672 was up 9.98% compared to the 2015 peak of 1.1523, 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 6,336 TND

2015 Average 5,564 TND

Yearly Trough Low 5,648 TND

Transaction Impact: A difference of 688.39 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2749

1.1223

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 1.1713, compared to 1.2555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0842 points.

H1 Avg (Jan–Jun) 1.1713

H2 Avg (Jul–Dec) 1.2555

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0423 TND (High: 1.2519 / Low: 1.2096). On the other end, September was the most stable month, with a tight range of 0.0067 TND (High: 1.2649 / Low: 1.2581).

June Spread (Volatile) ±0.0423

September Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0094 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.2535) against the same month in 2015 (average: 1.1167), the exchange rate shifted by +0.1369 (+12.26%).

2016 Avg (November) 1.2535

2015 Avg (November) 1.1167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1399	1.1296	1.1350
February	1.1568	1.1359	1.1484
March	1.1710	1.1398	1.1529
April	1.1772	1.1609	1.1670
May	1.2004	1.1723	1.1848
June	1.2519	1.2096	1.2396
July	1.2633	1.2451	1.2518
August	1.2659	1.2560	1.2607
September	1.2649	1.2581	1.2622
October	1.2656	1.2562	1.2607
November	1.2672	1.2429	1.2535
December	1.2612	1.2324	1.2441