2018 HNL to TND Historical Review

YEARLY HIGH

0.1281 TND

YEARLY LOW

0.1001 TND

YEARLY AVERAGE

0.1102 TND

2018 HNL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.1281. Conversely, the yearly low was recorded on February 15, dropping to 0.1001.

This high-to-low spread represents a total annual volatility of 0.0279 TND. From a start-to-finish perspective, comparing the January average rate of 0.1035 to the December average rate of 0.1213, the exchange rate registered a net change of 17.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1281 was up 19.19% compared to the 2017 peak of 0.1075, 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 640 TND

2017 Average 513 TND

Yearly Trough Low 501 TND

Transaction Impact: A difference of 139.73 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1232

0.0995

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 0.1039, compared to 0.1164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.1039

H2 Avg (Jul–Dec) 0.1164

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0087 TND (High: 0.1281 / Low: 0.1194). On the other end, September was the most stable month, with a tight range of 0.0015 TND (High: 0.1164 / Low: 0.1149).

December Spread (Volatile) ±0.0087

September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0020 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.1213) against the same month in 2017 (average: 0.1053), the exchange rate shifted by +0.0160 (+15.19%).

2018 Avg (December) 0.1213

2017 Avg (December) 0.1053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1064	0.1008	0.1035
February	0.1032	0.1001	0.1015
March	0.1031	0.1004	0.1017
April	0.1053	0.1006	0.1026
May	0.1077	0.1032	0.1060
June	0.1097	0.1067	0.1080
July	0.1124	0.1086	0.1099
August	0.1158	0.1119	0.1143
September	0.1164	0.1149	0.1155
October	0.1195	0.1167	0.1179
November	0.1212	0.1183	0.1196
December	0.1281	0.1194	0.1213