2012 BTN to TND Historical Review

YEARLY HIGH

0.0319 TND

YEARLY LOW

0.0278 TND

YEARLY AVERAGE

0.0297 TND

2012 BTN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BTN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 0.0319. Conversely, the yearly low was recorded on June 24, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0041 TND. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0286, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0319 was down 2.04% compared to the 2011 peak of 0.0325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159 TND

2011 Average 151 TND

Yearly Trough Low 139 TND

Transaction Impact: A difference of 20.26 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0316

0.0283

JanuMarcMayJulySeptNove

BTN 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 0.0295, compared to 0.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0295

H2 Avg (Jul–Dec) 0.0298

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0030 TND (High: 0.0319 / Low: 0.0289). On the other end, August was the most stable month, with a tight range of 0.0006 TND (High: 0.0316 / Low: 0.0310).

July Spread (Volatile) ±0.0030

August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.0303) against the same month in 2011 (average: 0.0310), the exchange rate shifted by -0.0007 (-2.28%).

2012 Avg (July) 0.0303

2011 Avg (July) 0.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0305	0.0281	0.0296
February	0.0308	0.0299	0.0305
March	0.0305	0.0293	0.0300
April	0.0299	0.0291	0.0295
May	0.0294	0.0283	0.0290
June	0.0292	0.0278	0.0286
July	0.0319	0.0289	0.0303
August	0.0316	0.0310	0.0313
September	0.0315	0.0288	0.0304
October	0.0315	0.0290	0.0296
November	0.0294	0.0283	0.0289
December	0.0290	0.0282	0.0286