2014 ETB to TND Historical Review

YEARLY HIGH

0.0925 TND

YEARLY LOW

0.0812 TND

YEARLY AVERAGE

0.0863 TND

2014 ETB to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0925. Conversely, the yearly low was recorded on March 9, dropping to 0.0812.

This high-to-low spread represents a total annual volatility of 0.0114 TND. From a start-to-finish perspective, comparing the January average rate of 0.0858 to the December average rate of 0.0920, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0925 was up 3.14% compared to the 2013 peak of 0.0897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 463 TND

2013 Average 434 TND

Yearly Trough Low 406 TND

Transaction Impact: A difference of 56.94 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0931

0.0807

JanuMarcMayJulySeptNove

ETB 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 0.0833, compared to 0.0893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0833

H2 Avg (Jul–Dec) 0.0893

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0032 TND (High: 0.0868 / Low: 0.0836). On the other end, April was the most stable month, with a tight range of 0.0008 TND (High: 0.0820 / Low: 0.0813).

January Spread (Volatile) ±0.0032

April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between April and December, 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 January and February, when the average rate fell by 0.0031 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0920) against the same month in 2013 (average: 0.0869), the exchange rate shifted by +0.0051 (+5.89%).

2014 Avg (December) 0.0920

2013 Avg (December) 0.0869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0868	0.0836	0.0858
February	0.0844	0.0817	0.0827
March	0.0823	0.0812	0.0817
April	0.0820	0.0813	0.0817
May	0.0836	0.0820	0.0830
June	0.0859	0.0834	0.0848
July	0.0877	0.0858	0.0867
August	0.0876	0.0865	0.0869
September	0.0903	0.0874	0.0889
October	0.0905	0.0895	0.0901
November	0.0917	0.0906	0.0913
December	0.0925	0.0913	0.0920