2014 DZD to TND Historical Review

YEARLY HIGH

0.0220 TND

YEARLY LOW

0.0201 TND

YEARLY AVERAGE

0.0211 TND

2014 DZD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DZD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0220. Conversely, the yearly low was recorded on April 12, dropping to 0.0201.

This high-to-low spread represents a total annual volatility of 0.0019 TND. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0213, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0220 was up 2.80% compared to the 2013 peak of 0.0214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110 TND

2013 Average 102 TND

Yearly Trough Low 100 TND

Transaction Impact: A difference of 9.43 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0220

0.0200

JanuMarcMayJulySeptNove

DZD 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 0.0205, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0205

H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0007 TND (High: 0.0212 / Low: 0.0206). On the other end, May was the most stable month, with a tight range of 0.0002 TND (High: 0.0206 / Low: 0.0204).

June Spread (Volatile) ±0.0007

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.0218) against the same month in 2013 (average: 0.0202), the exchange rate shifted by +0.0017 (+8.20%).

2014 Avg (September) 0.0218

2013 Avg (September) 0.0202

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0211	0.0205	0.0210
February	0.0205	0.0203	0.0204
March	0.0204	0.0201	0.0203
April	0.0204	0.0201	0.0202
May	0.0206	0.0204	0.0205
June	0.0212	0.0206	0.0209
July	0.0217	0.0212	0.0215
August	0.0217	0.0214	0.0215
September	0.0220	0.0217	0.0218
October	0.0217	0.0215	0.0216
November	0.0219	0.0213	0.0216
December	0.0215	0.0212	0.0213