2014 CDF to TND Historical Review

YEARLY HIGH

0.0020 TND

YEARLY LOW

0.0017 TND

YEARLY AVERAGE

0.0018 TND

2014 CDF to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0020. Conversely, the yearly low was recorded on March 9, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0003 TND. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0020, the exchange rate registered a net change of 12.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0020 was up 10.55% compared to the 2013 peak of 0.0018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 TND

2013 Average 9 TND

Yearly Trough Low 8 TND

Transaction Impact: A difference of 1.62 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0020

0.0017

JanuMarcMayJulySeptNove

CDF 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 0.0017, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0017

H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0001 TND (High: 0.0018 / Low: 0.0018). On the other end, March was the most stable month, with a tight range of 0.0000 TND (High: 0.0017 / Low: 0.0017).

June Spread (Volatile) ±0.0001

March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0020) against the same month in 2013 (average: 0.0018), the exchange rate shifted by +0.0002 (+11.50%).

2014 Avg (December) 0.0020

2013 Avg (December) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0018	0.0017	0.0018
February	0.0017	0.0017	0.0017
March	0.0017	0.0017	0.0017
April	0.0017	0.0017	0.0017
May	0.0018	0.0017	0.0018
June	0.0018	0.0018	0.0018
July	0.0019	0.0018	0.0019
August	0.0019	0.0019	0.0019
September	0.0019	0.0019	0.0019
October	0.0020	0.0019	0.0019
November	0.0020	0.0020	0.0020
December	0.0020	0.0020	0.0020