2011 MAD to TND Historical Review

YEARLY HIGH

0.1772 TND

YEARLY LOW

0.1696 TND

YEARLY AVERAGE

0.1738 TND

2011 MAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.1772. Conversely, the yearly low was recorded on January 2, dropping to 0.1696.

This high-to-low spread represents a total annual volatility of 0.0076 TND. From a start-to-finish perspective, comparing the January average rate of 0.1717 to the December average rate of 0.1752, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1772 was up 1.82% compared to the 2010 peak of 0.1740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 886 TND

2010 Average 850 TND

Yearly Trough Low 848 TND

Transaction Impact: A difference of 38.13 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1755

0.1713

JanuMarcMayJulySeptNove

MAD 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 0.1735, compared to 0.1742 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) 0.1735

H2 Avg (Jul–Dec) 0.1742

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0039 TND (High: 0.1753 / Low: 0.1714). On the other end, March was the most stable month, with a tight range of 0.0013 TND (High: 0.1739 / Low: 0.1725).

October Spread (Volatile) ±0.0039

March Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.1752) against the same month in 2010 (average: 0.1717), the exchange rate shifted by +0.0035 (+2.05%).

2011 Avg (November) 0.1752

2010 Avg (November) 0.1717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1731	0.1696	0.1717
February	0.1731	0.1715	0.1724
March	0.1739	0.1725	0.1733
April	0.1757	0.1736	0.1747
May	0.1757	0.1733	0.1746
June	0.1749	0.1724	0.1742
July	0.1751	0.1730	0.1740
August	0.1748	0.1730	0.1740
September	0.1746	0.1718	0.1732
October	0.1753	0.1714	0.1736
November	0.1772	0.1742	0.1752
December	0.1770	0.1736	0.1752