2014 BND to TND Historical Review

YEARLY HIGH

1.4227 TND

YEARLY LOW

1.2379 TND

YEARLY AVERAGE

1.3398 TND

2014 BND to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 1.4227. Conversely, the yearly low was recorded on March 10, dropping to 1.2379.

This high-to-low spread represents a total annual volatility of 0.1847 TND. From a start-to-finish perspective, comparing the January average rate of 1.2916 to the December average rate of 1.4105, the exchange rate registered a net change of 9.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4227 was up 5.60% compared to the 2013 peak of 1.3472, 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 7,113 TND

2013 Average 6,496 TND

Yearly Trough Low 6,190 TND

Transaction Impact: A difference of 923.75 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4326

1.2279

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 1.2799, compared to 1.3997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1199 points.

H1 Avg (Jan–Jun) 1.2799

H2 Avg (Jul–Dec) 1.3997

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0543 TND (High: 1.3098 / Low: 1.2556). On the other end, December was the most stable month, with a tight range of 0.0113 TND (High: 1.4172 / Low: 1.4059).

January Spread (Volatile) ±0.0543

December Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between March and November, 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 January and February, when the average rate fell by 0.0359 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1.4155) against the same month in 2013 (average: 1.3362), the exchange rate shifted by +0.0793 (+5.94%).

2014 Avg (November) 1.4155

2013 Avg (November) 1.3362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3098	1.2556	1.2916
February	1.2659	1.2448	1.2557
March	1.2590	1.2379	1.2449
April	1.2773	1.2545	1.2660
May	1.3021	1.2781	1.2937
June	1.3489	1.3006	1.3271
July	1.3936	1.3496	1.3761
August	1.3941	1.3706	1.3806
September	1.4137	1.3909	1.4018
October	1.4198	1.4068	1.4139
November	1.4227	1.4018	1.4155
December	1.4172	1.4059	1.4105