2018 CLF to TND Historical Review

YEARLY HIGH

2.9840 TND

YEARLY LOW

2.3662 TND

YEARLY AVERAGE

2.6353 TND

2018 CLF to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CLF to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.9840. Conversely, the yearly low was recorded on February 15, dropping to 2.3662.

This high-to-low spread represents a total annual volatility of 0.6178 TND. From a start-to-finish perspective, comparing the January average rate of 2.4453 to the December average rate of 2.9417, the exchange rate registered a net change of 20.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9840 was up 17.86% compared to the 2017 peak of 2.5318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,920 TND

2017 Average 12,047 TND

Yearly Trough Low 11,831 TND

Transaction Impact: A difference of 3,089.01 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.9964

2.3406

JanuMarcMayJulySeptNove

CLF 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 2.4633, compared to 2.8073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3440 points.

H1 Avg (Jan–Jun) 2.4633

H2 Avg (Jul–Dec) 2.8073

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.1282 TND (High: 2.5722 / Low: 2.4440). On the other end, September was the most stable month, with a tight range of 0.0414 TND (High: 2.8028 / Low: 2.7614).

May Spread (Volatile) ±0.1282

September Spread (Stable) ±0.0414

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0501 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0501

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.9417) against the same month in 2017 (average: 2.4883), the exchange rate shifted by +0.4534 (+18.22%).

2018 Avg (December) 2.9417

2017 Avg (December) 2.4883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5126	2.3858	2.4453
February	2.4267	2.3662	2.3953
March	2.4382	2.3731	2.4031
April	2.4918	2.3832	2.4278
May	2.5722	2.4440	2.5204
June	2.6334	2.5544	2.5881
July	2.6934	2.6105	2.6366
August	2.7827	2.6878	2.7445
September	2.8028	2.7614	2.7791
October	2.8800	2.8115	2.8393
November	2.9232	2.8623	2.9027
December	2.9840	2.9221	2.9417