2012 CVE to TND Historical Review

YEARLY HIGH

0.0187 TND

YEARLY LOW

0.0175 TND

YEARLY AVERAGE

0.0182 TND

2012 CVE to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CVE to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0187. Conversely, the yearly low was recorded on January 8, dropping to 0.0175.

This high-to-low spread represents a total annual volatility of 0.0012 TND. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0185, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0187 was up 3.02% compared to the 2011 peak of 0.0181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93 TND

2011 Average 89 TND

Yearly Trough Low 88 TND

Transaction Impact: A difference of 5.93 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0186

0.0176

JanuMarcMayJulySeptNove

CVE 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 0.0181, compared to 0.0183 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) 0.0181

H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0006 TND (High: 0.0187 / Low: 0.0181). On the other end, November was the most stable month, with a tight range of 0.0002 TND (High: 0.0185 / Low: 0.0183).

September Spread (Volatile) ±0.0006

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 0.0184) against the same month in 2011 (average: 0.0177), the exchange rate shifted by +0.0007 (+3.92%).

2012 Avg (September) 0.0184

2011 Avg (September) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0175	0.0177
February	0.0182	0.0178	0.0180
March	0.0182	0.0179	0.0181
April	0.0185	0.0179	0.0182
May	0.0185	0.0181	0.0183
June	0.0184	0.0180	0.0182
July	0.0182	0.0178	0.0180
August	0.0181	0.0179	0.0180
September	0.0187	0.0181	0.0184
October	0.0187	0.0183	0.0184
November	0.0185	0.0183	0.0184
December	0.0186	0.0184	0.0185