2014 LRD to TND Historical Review

YEARLY HIGH

0.0205 TND

YEARLY LOW

0.0184 TND

YEARLY AVERAGE

0.0192 TND

2014 LRD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LRD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0205. Conversely, the yearly low was recorded on March 6, dropping to 0.0184.

This high-to-low spread represents a total annual volatility of 0.0020 TND. From a start-to-finish perspective, comparing the January average rate of 0.0196 to the December average rate of 0.0203, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0205 was down 8.66% compared to the 2013 peak of 0.0224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102 TND

2013 Average 106 TND

Yearly Trough Low 92 TND

Transaction Impact: A difference of 10.24 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0205

0.0184

JanuMarcMayJulySeptNove

LRD 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 0.0190, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0190

H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0017 TND (High: 0.0205 / Low: 0.0188). On the other end, July was the most stable month, with a tight range of 0.0002 TND (High: 0.0188 / Low: 0.0186).

January Spread (Volatile) ±0.0017

July Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0196) against the same month in 2013 (average: 0.0210), the exchange rate shifted by -0.0014 (-6.53%).

2014 Avg (January) 0.0196

2013 Avg (January) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0205	0.0188	0.0196
February	0.0188	0.0184	0.0186
March	0.0198	0.0184	0.0192
April	0.0187	0.0184	0.0186
May	0.0201	0.0187	0.0191
June	0.0196	0.0186	0.0189
July	0.0188	0.0186	0.0187
August	0.0190	0.0185	0.0188
September	0.0197	0.0190	0.0194
October	0.0199	0.0196	0.0197
November	0.0201	0.0199	0.0200
December	0.0204	0.0201	0.0203