2014 BTN to TND Historical Review

YEARLY HIGH

0.0300 TND

YEARLY LOW

0.0254 TND

YEARLY AVERAGE

0.0278 TND

2014 BTN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0300. Conversely, the yearly low was recorded on February 20, dropping to 0.0254.

This high-to-low spread represents a total annual volatility of 0.0046 TND. From a start-to-finish perspective, comparing the January average rate of 0.0265 to the December average rate of 0.0296, the exchange rate registered a net change of 11.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0300 was down 1.31% compared to the 2013 peak of 0.0304, 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 150 TND

2013 Average 139 TND

Yearly Trough Low 127 TND

Transaction Impact: A difference of 23.12 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0301

0.0251

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 0.0266, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0266

H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0014 TND (High: 0.0270 / Low: 0.0256). On the other end, February was the most stable month, with a tight range of 0.0003 TND (High: 0.0257 / Low: 0.0254).

January Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0003

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 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0296) against the same month in 2013 (average: 0.0268), the exchange rate shifted by +0.0028 (+10.31%).

2014 Avg (December) 0.0296

2013 Avg (December) 0.0268

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0270	0.0256	0.0265
February	0.0257	0.0254	0.0256
March	0.0265	0.0255	0.0259
April	0.0266	0.0261	0.0263
May	0.0279	0.0266	0.0273
June	0.0280	0.0275	0.0278
July	0.0287	0.0280	0.0285
August	0.0288	0.0279	0.0283
September	0.0294	0.0288	0.0291
October	0.0296	0.0290	0.0294
November	0.0299	0.0295	0.0297
December	0.0300	0.0291	0.0296