2013 GEL to TND Historical Review

YEARLY HIGH

1.0162 TND

YEARLY LOW

0.9277 TND

YEARLY AVERAGE

0.9761 TND

2013 GEL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GEL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 1.0162. Conversely, the yearly low was recorded on February 3, dropping to 0.9277.

This high-to-low spread represents a total annual volatility of 0.0885 TND. From a start-to-finish perspective, comparing the January average rate of 0.9380 to the December average rate of 0.9582, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.0162 was up 2.30% compared to the 2012 peak of 0.9934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,081 TND

2012 Average 4,678 TND

Yearly Trough Low 4,639 TND

Transaction Impact: A difference of 442.62 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.0105

0.9314

JanuMarcMayJulySeptNove

GEL 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 0.9649, compared to 0.9873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.9649

H2 Avg (Jul–Dec) 0.9873

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0461 TND (High: 0.9855 / Low: 0.9394). On the other end, August was the most stable month, with a tight range of 0.0151 TND (High: 1.0001 / Low: 0.9849).

December Spread (Volatile) ±0.0461

August Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0344 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2013: 1.0039) against the same month in 2012 (average: 0.9442), the exchange rate shifted by +0.0597 (+6.33%).

2013 Avg (July) 1.0039

2012 Avg (July) 0.9442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9458	0.9288	0.9380
February	0.9552	0.9277	0.9409
March	0.9629	0.9457	0.9547
April	0.9758	0.9588	0.9668
May	1.0154	0.9724	1.0029
June	1.0037	0.9713	0.9864
July	1.0162	0.9963	1.0039
August	1.0001	0.9849	0.9911
September	1.0005	0.9850	0.9927
October	0.9913	0.9750	0.9853
November	1.0029	0.9839	0.9926
December	0.9855	0.9394	0.9582