2013 MAD to TND Historical Review

YEARLY HIGH

0.2042 TND

YEARLY LOW

0.1836 TND

YEARLY AVERAGE

0.1933 TND

2013 MAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.2042. Conversely, the yearly low was recorded on January 3, dropping to 0.1836.

This high-to-low spread represents a total annual volatility of 0.0206 TND. From a start-to-finish perspective, comparing the January average rate of 0.1852 to the December average rate of 0.2023, the exchange rate registered a net change of 9.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.2042 was up 10.67% compared to the 2012 peak of 0.1845, 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 1,021 TND

2012 Average 904 TND

Yearly Trough Low 918 TND

Transaction Impact: A difference of 102.77 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.2041

0.1830

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 0.1881, compared to 0.1985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.1881

H2 Avg (Jul–Dec) 0.1985

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0050 TND (High: 0.1896 / Low: 0.1846). On the other end, October was the most stable month, with a tight range of 0.0013 TND (High: 0.2000 / Low: 0.1987).

April Spread (Volatile) ±0.0050

October Spread (Stable) ±0.0013

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 February and March, when the average rate fell by 0.0015 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.2023) against the same month in 2012 (average: 0.1838), the exchange rate shifted by +0.0185 (+10.09%).

2013 Avg (December) 0.2023

2012 Avg (December) 0.1838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1863	0.1836	0.1852
February	0.1871	0.1857	0.1863
March	0.1860	0.1839	0.1848
April	0.1896	0.1846	0.1872
May	0.1944	0.1898	0.1922
June	0.1943	0.1918	0.1931
July	0.1965	0.1938	0.1953
August	0.1971	0.1956	0.1962
September	0.1993	0.1956	0.1970
October	0.2000	0.1987	0.1993
November	0.2023	0.1994	0.2008
December	0.2042	0.2008	0.2023