2011 BND to TND Historical Review

YEARLY HIGH

1.1580 TND

YEARLY LOW

1.0839 TND

YEARLY AVERAGE

1.1194 TND

2011 BND to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 1.1580. Conversely, the yearly low was recorded on March 20, dropping to 1.0839.

This high-to-low spread represents a total annual volatility of 0.0741 TND. From a start-to-finish perspective, comparing the January average rate of 1.1146 to the December average rate of 1.1446, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1580 was up 3.39% compared to the 2010 peak of 1.1200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,790 TND

2010 Average 5,255 TND

Yearly Trough Low 5,419 TND

Transaction Impact: A difference of 370.34 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1492

1.0933

JanuMarcMayJulySeptNove

BND 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 1.1076, compared to 1.1312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0236 points.

H1 Avg (Jan–Jun) 1.1076

H2 Avg (Jul–Dec) 1.1312

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0412 TND (High: 1.1580 / Low: 1.1168). On the other end, February was the most stable month, with a tight range of 0.0137 TND (High: 1.1170 / Low: 1.1033).

September Spread (Volatile) ±0.0412

February Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0246 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 1.1379) against the same month in 2010 (average: 1.0941), the exchange rate shifted by +0.0438 (+4.00%).

2011 Avg (September) 1.1379

2010 Avg (September) 1.0941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1345	1.0980	1.1146
February	1.1170	1.1033	1.1106
March	1.1080	1.0839	1.0991
April	1.1062	1.0871	1.0979
May	1.1244	1.0915	1.1129
June	1.1191	1.0988	1.1104
July	1.1444	1.1103	1.1326
August	1.1457	1.1254	1.1361
September	1.1580	1.1168	1.1379
October	1.1342	1.1007	1.1133
November	1.1390	1.1109	1.1227
December	1.1541	1.1363	1.1446