2014 JOD to TND Historical Review

YEARLY HIGH

2.6385 TND

YEARLY LOW

2.2175 TND

YEARLY AVERAGE

2.3986 TND

2014 JOD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JOD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2.6385. Conversely, the yearly low was recorded on March 10, dropping to 2.2175.

This high-to-low spread represents a total annual volatility of 0.4209 TND. From a start-to-finish perspective, comparing the January average rate of 2.3248 to the December average rate of 2.6219, the exchange rate registered a net change of 12.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.6385 was up 11.05% compared to the 2013 peak of 2.3759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,192 TND

2013 Average 11,476 TND

Yearly Trough Low 11,088 TND

Transaction Impact: A difference of 2,104.73 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.6612

2.1904

JanuMarcMayJulySeptNove

JOD 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 2.2794, compared to 2.5179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2385 points.

H1 Avg (Jan–Jun) 2.2794

H2 Avg (Jul–Dec) 2.5179

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0815 TND (High: 2.5397 / Low: 2.4582). On the other end, March was the most stable month, with a tight range of 0.0229 TND (High: 2.2405 / Low: 2.2175).

September Spread (Volatile) ±0.0815

March Spread (Stable) ±0.0229

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0764 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.6219) against the same month in 2013 (average: 2.3458), the exchange rate shifted by +0.2761 (+11.77%).

2014 Avg (December) 2.6219

2013 Avg (December) 2.3458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3485	2.2709	2.3248
February	2.2753	2.2283	2.2484
March	2.2405	2.2175	2.2296
April	2.2632	2.2306	2.2437
May	2.3058	2.2600	2.2867
June	2.3787	2.3023	2.3432
July	2.4369	2.3739	2.4148
August	2.4596	2.4185	2.4354
September	2.5397	2.4582	2.5001
October	2.5711	2.5247	2.5422
November	2.6100	2.5745	2.5929
December	2.6385	2.5974	2.6219