2015 MAD to TND Historical Review

YEARLY HIGH

0.2057 TND

YEARLY LOW

0.1946 TND

YEARLY AVERAGE

0.2012 TND

2015 MAD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2057. Conversely, the yearly low was recorded on March 17, dropping to 0.1946.

This high-to-low spread represents a total annual volatility of 0.0111 TND. From a start-to-finish perspective, comparing the January average rate of 0.2039 to the December average rate of 0.2048, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2057 was down 1.50% compared to the 2014 peak of 0.2088, 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 1,029 TND

2014 Average 1,009 TND

Yearly Trough Low 973 TND

Transaction Impact: A difference of 55.31 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2056

0.1962

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 0.2000, compared to 0.2024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.2000

H2 Avg (Jul–Dec) 0.2024

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0076 TND (High: 0.2022 / Low: 0.1946). On the other end, September was the most stable month, with a tight range of 0.0011 TND (High: 0.2023 / Low: 0.2011).

March Spread (Volatile) ±0.0076

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0042 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.2039) against the same month in 2014 (average: 0.1996), the exchange rate shifted by +0.0042 (+2.12%).

2015 Avg (January) 0.2039

2014 Avg (January) 0.1996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2057	0.2017	0.2039
February	0.2030	0.2018	0.2023
March	0.2022	0.1946	0.1982
April	0.1982	0.1964	0.1970
May	0.2001	0.1967	0.1987
June	0.2006	0.1994	0.2001
July	0.2013	0.1999	0.2004
August	0.2022	0.1997	0.2005
September	0.2023	0.2011	0.2019
October	0.2033	0.2020	0.2026
November	0.2053	0.2029	0.2040
December	0.2054	0.2040	0.2048