2014 FKP to TND Historical Review

YEARLY HIGH

2.9491 TND

YEARLY LOW

2.5997 TND

YEARLY AVERAGE

2.7945 TND

2014 FKP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 2.9491. Conversely, the yearly low was recorded on March 24, dropping to 2.5997.

This high-to-low spread represents a total annual volatility of 0.3494 TND. From a start-to-finish perspective, comparing the January average rate of 2.7063 to the December average rate of 2.9021, the exchange rate registered a net change of 7.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9491 was up 7.63% compared to the 2013 peak of 2.7401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,746 TND

2013 Average 12,717 TND

Yearly Trough Low 12,999 TND

Transaction Impact: A difference of 1,746.91 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9498

2.5923

JanuMarcMayJulySeptNove

FKP 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 2.6933, compared to 2.8958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2026 points.

H1 Avg (Jan–Jun) 2.6933

H2 Avg (Jul–Dec) 2.8958

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.1428 TND (High: 2.8760 / Low: 2.7332). On the other end, December was the most stable month, with a tight range of 0.0276 TND (High: 2.9146 / Low: 2.8870).

June Spread (Volatile) ±0.1428

December Spread (Stable) ±0.0276

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0720 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 2.9200) against the same month in 2013 (average: 2.5212), the exchange rate shifted by +0.3988 (+15.82%).

2014 Avg (July) 2.9200

2013 Avg (July) 2.5212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7322	2.6385	2.7063
February	2.6572	2.6137	2.6343
March	2.6453	2.5997	2.6221
April	2.7048	2.6289	2.6602
May	2.7483	2.7026	2.7276
June	2.8760	2.7332	2.8091
July	2.9491	2.8853	2.9200
August	2.8944	2.8607	2.8779
September	2.9205	2.8376	2.8869
October	2.9193	2.8663	2.8968
November	2.9186	2.8600	2.8913
December	2.9146	2.8870	2.9021