2014 MAD to TND Historical Review

YEARLY HIGH

0.2088 TND

YEARLY LOW

0.1932 TND

YEARLY AVERAGE

0.2017 TND

2014 MAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.2088. Conversely, the yearly low was recorded on March 2, dropping to 0.1932.

This high-to-low spread represents a total annual volatility of 0.0156 TND. From a start-to-finish perspective, comparing the January average rate of 0.1996 to the December average rate of 0.2077, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2088 was up 2.27% compared to the 2013 peak of 0.2042, 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 1,044 TND

2013 Average 967 TND

Yearly Trough Low 966 TND

Transaction Impact: A difference of 78.13 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2091

0.1922

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 0.1970, compared to 0.2065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.1970

H2 Avg (Jul–Dec) 0.2065

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0084 TND (High: 0.2020 / Low: 0.1936). On the other end, February was the most stable month, with a tight range of 0.0007 TND (High: 0.1939 / Low: 0.1933).

January Spread (Volatile) ±0.0084

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and July, 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 0.0060 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2077) against the same month in 2013 (average: 0.2023), the exchange rate shifted by +0.0054 (+2.66%).

2014 Avg (December) 0.2077

2013 Avg (December) 0.2023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2020	0.1936	0.1996
February	0.1939	0.1933	0.1936
March	0.1946	0.1932	0.1939
April	0.1976	0.1940	0.1953
May	0.1986	0.1972	0.1980
June	0.2049	0.1981	0.2013
July	0.2086	0.2047	0.2067
August	0.2061	0.2052	0.2055
September	0.2063	0.2046	0.2056
October	0.2068	0.2054	0.2062
November	0.2080	0.2060	0.2072
December	0.2088	0.2056	0.2077