2012 SAR to TND Historical Review

YEARLY HIGH

0.4362 TND

YEARLY LOW

0.3973 TND

YEARLY AVERAGE

0.4164 TND

2012 SAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.4362. Conversely, the yearly low was recorded on February 26, dropping to 0.3973.

This high-to-low spread represents a total annual volatility of 0.0388 TND. From a start-to-finish perspective, comparing the January average rate of 0.4034 to the December average rate of 0.4162, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.4362 was up 8.96% compared to the 2011 peak of 0.4003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,181 TND

2011 Average 1,876 TND

Yearly Trough Low 1,987 TND

Transaction Impact: A difference of 194.07 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.4350

0.3970

JanuMarcMayJulySeptNove

SAR 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 0.4099, compared to 0.4230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.4099

H2 Avg (Jul–Dec) 0.4230

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0204 TND (High: 0.4306 / Low: 0.4102). On the other end, October was the most stable month, with a tight range of 0.0052 TND (High: 0.4207 / Low: 0.4155).

May Spread (Volatile) ±0.0204

October Spread (Stable) ±0.0052

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 August and September, when the average rate fell by 0.0096 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.4319) against the same month in 2011 (average: 0.3674), the exchange rate shifted by +0.0644 (+17.54%).

2012 Avg (July) 0.4319

2011 Avg (July) 0.3674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4081	0.3989	0.4034
February	0.4047	0.3973	0.4002
March	0.4057	0.3992	0.4026
April	0.4106	0.4006	0.4065
May	0.4306	0.4102	0.4200
June	0.4320	0.4213	0.4268
July	0.4362	0.4218	0.4319
August	0.4338	0.4254	0.4297
September	0.4263	0.4144	0.4200
October	0.4207	0.4155	0.4178
November	0.4251	0.4183	0.4223
December	0.4201	0.4129	0.4162