2013 CVE to TND Historical Review

YEARLY HIGH

0.0209 TND

YEARLY LOW

0.0185 TND

YEARLY AVERAGE

0.0196 TND

2013 CVE to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CVE to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0209. Conversely, the yearly low was recorded on March 19, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0025 TND. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0207, the exchange rate registered a net change of 10.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0209 was up 11.99% compared to the 2012 peak of 0.0187, 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 105 TND

2012 Average 91 TND

Yearly Trough Low 92 TND

Transaction Impact: A difference of 12.36 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0209

0.0184

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 0.0190, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0190

H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0007 TND (High: 0.0198 / Low: 0.0191). On the other end, February was the most stable month, with a tight range of 0.0002 TND (High: 0.0190 / Low: 0.0188).

May Spread (Volatile) ±0.0007

February Spread (Stable) ±0.0002

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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0207) against the same month in 2012 (average: 0.0185), the exchange rate shifted by +0.0021 (+11.58%).

2013 Avg (December) 0.0207

2012 Avg (December) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0189	0.0185	0.0187
February	0.0190	0.0188	0.0189
March	0.0190	0.0185	0.0186
April	0.0192	0.0185	0.0189
May	0.0198	0.0191	0.0194
June	0.0198	0.0193	0.0195
July	0.0201	0.0195	0.0197
August	0.0201	0.0198	0.0199
September	0.0204	0.0199	0.0201
October	0.0205	0.0203	0.0204
November	0.0206	0.0203	0.0205
December	0.0209	0.0205	0.0207