2014 FJD to TND Historical Review

YEARLY HIGH

0.9515 TND

YEARLY LOW

0.8361 TND

YEARLY AVERAGE

0.9028 TND

2014 FJD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FJD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.9515. Conversely, the yearly low was recorded on March 10, dropping to 0.8361.

This high-to-low spread represents a total annual volatility of 0.1153 TND. From a start-to-finish perspective, comparing the January average rate of 0.8721 to the December average rate of 0.9379, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9515 was up 2.77% compared to the 2013 peak of 0.9259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,757 TND

2013 Average 4,438 TND

Yearly Trough Low 4,181 TND

Transaction Impact: A difference of 576.62 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9517

0.8378

JanuMarcMayJulySeptNove

FJD 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 0.8699, compared to 0.9358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0659 points.

H1 Avg (Jan–Jun) 0.8699

H2 Avg (Jul–Dec) 0.9358

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0400 TND (High: 0.8852 / Low: 0.8453). On the other end, October was the most stable month, with a tight range of 0.0131 TND (High: 0.9424 / Low: 0.9292).

January Spread (Volatile) ±0.0400

October Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between February and July, 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 0.0248 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.9422) against the same month in 2013 (average: 0.9009), the exchange rate shifted by +0.0413 (+4.58%).

2014 Avg (November) 0.9422

2013 Avg (November) 0.9009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8852	0.8453	0.8721
February	0.8548	0.8413	0.8473
March	0.8630	0.8361	0.8476
April	0.8700	0.8565	0.8649
May	0.8879	0.8725	0.8828
June	0.9203	0.8850	0.9048
July	0.9417	0.9201	0.9314
August	0.9407	0.9225	0.9289
September	0.9492	0.9332	0.9386
October	0.9424	0.9292	0.9356
November	0.9515	0.9353	0.9422
December	0.9459	0.9323	0.9379