2014 BZD to TND Historical Review

YEARLY HIGH

0.9360 TND

YEARLY LOW

0.7841 TND

YEARLY AVERAGE

0.8498 TND

2014 BZD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BZD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.9360. Conversely, the yearly low was recorded on April 1, dropping to 0.7841.

This high-to-low spread represents a total annual volatility of 0.1519 TND. From a start-to-finish perspective, comparing the January average rate of 0.8243 to the December average rate of 0.9291, the exchange rate registered a net change of 12.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9360 was up 11.01% compared to the 2013 peak of 0.8432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,680 TND

2013 Average 4,070 TND

Yearly Trough Low 3,921 TND

Transaction Impact: A difference of 759.55 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9432

0.7750

JanuMarcMayJulySeptNove

BZD 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 0.8070, compared to 0.8925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0855 points.

H1 Avg (Jan–Jun) 0.8070

H2 Avg (Jul–Dec) 0.8925

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0324 TND (High: 0.9039 / Low: 0.8715). On the other end, March was the most stable month, with a tight range of 0.0115 TND (High: 0.7972 / Low: 0.7858).

September Spread (Volatile) ±0.0324

March Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between April and December, 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 0.0253 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.9291) against the same month in 2013 (average: 0.8326), the exchange rate shifted by +0.0965 (+11.59%).

2014 Avg (December) 0.9291

2013 Avg (December) 0.8326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8328	0.8042	0.8243
February	0.8055	0.7920	0.7990
March	0.7972	0.7858	0.7925
April	0.7968	0.7841	0.7890
May	0.8172	0.7950	0.8064
June	0.8433	0.8166	0.8310
July	0.8640	0.8422	0.8559
August	0.8713	0.8571	0.8628
September	0.9039	0.8715	0.8868
October	0.9093	0.8975	0.9026
November	0.9224	0.9103	0.9178
December	0.9360	0.9207	0.9291