2016 GEL to TND Historical Review

YEARLY HIGH

1.0145 TND

YEARLY LOW

0.8023 TND

YEARLY AVERAGE

0.9095 TND

2016 GEL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 1.0145. Conversely, the yearly low was recorded on February 14, dropping to 0.8023.

This high-to-low spread represents a total annual volatility of 0.2122 TND. From a start-to-finish perspective, comparing the January average rate of 0.8386 to the December average rate of 0.8713, the exchange rate registered a net change of 3.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0145 was down 10.44% compared to the 2015 peak of 1.1329, 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 5,073 TND

2015 Average 4,500 TND

Yearly Trough Low 4,012 TND

Transaction Impact: A difference of 1,061.02 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0011

0.7978

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 0.8873, compared to 0.9317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 0.8873

H2 Avg (Jul–Dec) 0.9317

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0901 TND (High: 0.9859 / Low: 0.8958). On the other end, July was the most stable month, with a tight range of 0.0157 TND (High: 0.9539 / Low: 0.9382).

May Spread (Volatile) ±0.0901

July Spread (Stable) ±0.0157

Growth Streaks & Declines

Trends

Between February and June, 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 0.0485 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.9841) against the same month in 2015 (average: 0.8588), the exchange rate shifted by +0.1253 (+14.59%).

2016 Avg (June) 0.9841

2015 Avg (June) 0.8588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8505	0.8216	0.8386
February	0.8306	0.8023	0.8147
March	0.8781	0.8262	0.8532
April	0.9071	0.8714	0.8923
May	0.9859	0.8958	0.9408
June	1.0145	0.9301	0.9841
July	0.9539	0.9382	0.9453
August	0.9626	0.9395	0.9502
September	0.9644	0.9421	0.9541
October	0.9592	0.9419	0.9493
November	0.9358	0.9052	0.9197
December	0.9007	0.8310	0.8713