2014 DJF to TND Historical Review

YEARLY HIGH

0.0105 TND

YEARLY LOW

0.0088 TND

YEARLY AVERAGE

0.0095 TND

2014 DJF to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DJF to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0105. Conversely, the yearly low was recorded on March 18, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0017 TND. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0104, 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 0.0105 was up 10.78% compared to the 2013 peak of 0.0095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53 TND

2013 Average 46 TND

Yearly Trough Low 44 TND

Transaction Impact: A difference of 8.53 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0106

0.0087

JanuMarcMayJulySeptNove

DJF 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 0.0090, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0090

H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0004 TND (High: 0.0101 / Low: 0.0097). On the other end, March was the most stable month, with a tight range of 0.0001 TND (High: 0.0089 / Low: 0.0088).

September Spread (Volatile) ±0.0004

March Spread (Stable) ±0.0001

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 0.0003 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 2014: 0.0104) against the same month in 2013 (average: 0.0093), the exchange rate shifted by +0.0011 (+11.68%).

2014 Avg (December) 0.0104

2013 Avg (December) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0093	0.0090	0.0092
February	0.0090	0.0089	0.0089
March	0.0089	0.0088	0.0089
April	0.0090	0.0088	0.0089
May	0.0092	0.0089	0.0091
June	0.0094	0.0091	0.0093
July	0.0097	0.0094	0.0096
August	0.0098	0.0095	0.0096
September	0.0101	0.0097	0.0099
October	0.0102	0.0100	0.0101
November	0.0103	0.0102	0.0103
December	0.0105	0.0103	0.0104