2016 HNL to TND Historical Review

YEARLY HIGH

0.1000 TND

YEARLY LOW

0.0883 TND

YEARLY AVERAGE

0.0942 TND

2016 HNL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1000. Conversely, the yearly low was recorded on May 2, dropping to 0.0883.

This high-to-low spread represents a total annual volatility of 0.0117 TND. From a start-to-finish perspective, comparing the January average rate of 0.0911 to the December average rate of 0.0990, the exchange rate registered a net change of 8.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1000 was up 5.87% compared to the 2015 peak of 0.0945, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 500 TND

2015 Average 452 TND

Yearly Trough Low 441 TND

Transaction Impact: A difference of 58.61 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1000

0.0882

JanuMarcMayJulySeptNove

HNL 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 0.0909, compared to 0.0976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0909

H2 Avg (Jul–Dec) 0.0976

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0049 TND (High: 0.0932 / Low: 0.0883). On the other end, September was the most stable month, with a tight range of 0.0009 TND (High: 0.0969 / Low: 0.0961).

May Spread (Volatile) ±0.0049

September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and December, 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 0.0015 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0990) against the same month in 2015 (average: 0.0926), the exchange rate shifted by +0.0065 (+6.97%).

2016 Avg (December) 0.0990

2015 Avg (December) 0.0926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0918	0.0905	0.0911
February	0.0909	0.0886	0.0896
March	0.0906	0.0887	0.0896
April	0.0898	0.0887	0.0892
May	0.0932	0.0883	0.0908
June	0.0970	0.0929	0.0950
July	0.0982	0.0962	0.0971
August	0.0972	0.0954	0.0963
September	0.0969	0.0961	0.0964
October	0.0991	0.0960	0.0978
November	0.0996	0.0970	0.0987
December	0.1000	0.0985	0.0990