2011 HTG to TND Historical Review

YEARLY HIGH

0.0372 TND

YEARLY LOW

0.0328 TND

YEARLY AVERAGE

0.0347 TND

2011 HTG to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HTG to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0372. Conversely, the yearly low was recorded on May 4, dropping to 0.0328.

This high-to-low spread represents a total annual volatility of 0.0044 TND. From a start-to-finish perspective, comparing the January average rate of 0.0356 to the December average rate of 0.0366, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0372 was down 3.56% compared to the 2010 peak of 0.0386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186 TND

2010 Average 178 TND

Yearly Trough Low 164 TND

Transaction Impact: A difference of 22.15 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0369

0.0334

JanuMarcMayJulySeptNove

HTG 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 0.0343, compared to 0.0350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0343

H2 Avg (Jul–Dec) 0.0350

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0020 TND (High: 0.0365 / Low: 0.0345). On the other end, February was the most stable month, with a tight range of 0.0006 TND (High: 0.0351 / Low: 0.0345).

January Spread (Volatile) ±0.0020

February Spread (Stable) ±0.0006

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 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0366) against the same month in 2010 (average: 0.0359), the exchange rate shifted by +0.0007 (+1.95%).

2011 Avg (December) 0.0366

2010 Avg (December) 0.0359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0365	0.0345	0.0356
February	0.0351	0.0345	0.0348
March	0.0346	0.0338	0.0343
April	0.0345	0.0332	0.0337
May	0.0348	0.0328	0.0338
June	0.0343	0.0333	0.0337
July	0.0347	0.0335	0.0340
August	0.0343	0.0334	0.0339
September	0.0354	0.0340	0.0348
October	0.0357	0.0340	0.0349
November	0.0366	0.0350	0.0357
December	0.0372	0.0361	0.0366