2014 RSD to TND Historical Review

YEARLY HIGH

0.0202 TND

YEARLY LOW

0.0186 TND

YEARLY AVERAGE

0.0192 TND

2014 RSD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0202. Conversely, the yearly low was recorded on December 31, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0016 TND. From a start-to-finish perspective, comparing the January average rate of 0.0194 to the December average rate of 0.0188, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0202 was up 0.77% compared to the 2013 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101 TND

2013 Average 95 TND

Yearly Trough Low 93 TND

Transaction Impact: A difference of 7.90 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0200

0.0186

JanuMarcMayJulySeptNove

RSD 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 0.0191, compared to 0.0193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0191

H2 Avg (Jul–Dec) 0.0193

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0010 TND (High: 0.0197 / Low: 0.0187). On the other end, May was the most stable month, with a tight range of 0.0001 TND (High: 0.0193 / Low: 0.0192).

January Spread (Volatile) ±0.0010

May Spread (Stable) ±0.0001

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 0.0007 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.0199) against the same month in 2013 (average: 0.0191), the exchange rate shifted by +0.0008 (+4.38%).

2014 Avg (July) 0.0199

2013 Avg (July) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0197	0.0187	0.0194
February	0.0188	0.0187	0.0187
March	0.0191	0.0187	0.0188
April	0.0192	0.0188	0.0190
May	0.0193	0.0192	0.0192
June	0.0199	0.0192	0.0195
July	0.0202	0.0197	0.0199
August	0.0197	0.0194	0.0196
September	0.0194	0.0192	0.0192
October	0.0192	0.0191	0.0191
November	0.0192	0.0190	0.0191
December	0.0190	0.0186	0.0188