2013 GIP to TND Historical Review

YEARLY HIGH

2.7401 TND

YEARLY LOW

2.4113 TND

YEARLY AVERAGE

2.5587 TND

2013 GIP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GIP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 2.7401. Conversely, the yearly low was recorded on April 2, dropping to 2.4113.

This high-to-low spread represents a total annual volatility of 0.3288 TND. From a start-to-finish perspective, comparing the January average rate of 2.4845 to the December average rate of 2.7187, the exchange rate registered a net change of 9.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.7401 was up 6.21% compared to the 2012 peak of 2.5799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,701 TND

2012 Average 12,386 TND

Yearly Trough Low 12,057 TND

Transaction Impact: A difference of 1,644.01 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.7453

2.4259

JanuMarcMayJulySeptNove

GIP 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 2.4953, compared to 2.6221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1268 points.

H1 Avg (Jan–Jun) 2.4953

H2 Avg (Jul–Dec) 2.6221

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.1388 TND (High: 2.5501 / Low: 2.4113). On the other end, July was the most stable month, with a tight range of 0.0396 TND (High: 2.5416 / Low: 2.5020).

April Spread (Volatile) ±0.1388

July Spread (Stable) ±0.0396

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.0782 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.7187) against the same month in 2012 (average: 2.5064), the exchange rate shifted by +0.2123 (+8.47%).

2013 Avg (December) 2.7187

2012 Avg (December) 2.5064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5104	2.4491	2.4845
February	2.5244	2.4337	2.4608
March	2.5516	2.5070	2.5307
April	2.5501	2.4113	2.4525
May	2.5541	2.4887	2.5173
June	2.5472	2.4953	2.5259
July	2.5416	2.5020	2.5212
August	2.5824	2.5036	2.5518
September	2.6645	2.5644	2.6168
October	2.6657	2.6206	2.6389
November	2.7284	2.6312	2.6849
December	2.7401	2.6948	2.7187