2015 GEL to TND Historical Review

YEARLY HIGH

1.1329 TND

YEARLY LOW

0.7933 TND

YEARLY AVERAGE

0.9010 TND

2015 GEL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 1.1329. Conversely, the yearly low was recorded on September 17, dropping to 0.7933.

This high-to-low spread represents a total annual volatility of 0.3396 TND. From a start-to-finish perspective, comparing the January average rate of 1.0815 to the December average rate of 0.8463, the exchange rate registered a net change of -21.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1329 was up 7.04% compared to the 2014 peak of 1.0583, 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 5,664 TND

2014 Average 4,825 TND

Yearly Trough Low 3,966 TND

Transaction Impact: A difference of 1,697.98 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1213

0.7890

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 0.9604, compared to 0.8415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1189 points.

H1 Avg (Jan–Jun) 0.9604

H2 Avg (Jul–Dec) 0.8415

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.2632 TND (High: 1.1329 / Low: 0.8696). On the other end, July was the most stable month, with a tight range of 0.0151 TND (High: 0.8785 / Low: 0.8634).

March Spread (Volatile) ±0.2632

July Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1653 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.0301) against the same month in 2014 (average: 0.9013), the exchange rate shifted by +0.1289 (+14.30%).

2015 Avg (March) 1.0301

2014 Avg (March) 0.9013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1073	1.0582	1.0815
February	1.1037	1.0843	1.0936
March	1.1329	0.8696	1.0301
April	0.8847	0.8244	0.8648
May	0.8645	0.8091	0.8337
June	0.8681	0.8433	0.8588
July	0.8785	0.8634	0.8716
August	0.8690	0.7974	0.8416
September	0.8312	0.7933	0.8167
October	0.8418	0.8137	0.8240
November	0.8616	0.8328	0.8488
December	0.8611	0.8402	0.8463