2016 CVE to TND Historical Review

YEARLY HIGH

0.0226 TND

YEARLY LOW

0.0200 TND

YEARLY AVERAGE

0.0215 TND

2016 CVE to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0226. Conversely, the yearly low was recorded on January 5, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0026 TND. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0221, the exchange rate registered a net change of 9.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0226 was up 9.57% compared to the 2015 peak of 0.0206, 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 113 TND

2015 Average 99 TND

Yearly Trough Low 100 TND

Transaction Impact: A difference of 12.86 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0226

0.0199

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 0.0208, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0208

H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0008 TND (High: 0.0226 / Low: 0.0217). On the other end, September was the most stable month, with a tight range of 0.0001 TND (High: 0.0225 / Low: 0.0223).

December Spread (Volatile) ±0.0008

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and September, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0221) against the same month in 2015 (average: 0.0200), the exchange rate shifted by +0.0020 (+10.21%).

2016 Avg (December) 0.0221

2015 Avg (December) 0.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0202	0.0200	0.0201
February	0.0205	0.0201	0.0203
March	0.0207	0.0201	0.0204
April	0.0209	0.0206	0.0207
May	0.0213	0.0207	0.0211
June	0.0222	0.0215	0.0220
July	0.0224	0.0221	0.0222
August	0.0225	0.0223	0.0224
September	0.0225	0.0223	0.0224
October	0.0225	0.0223	0.0224
November	0.0225	0.0220	0.0223
December	0.0226	0.0217	0.0221