2014 SAR to TND Historical Review

YEARLY HIGH

0.4978 TND

YEARLY LOW

0.4183 TND

YEARLY AVERAGE

0.4527 TND

2014 SAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.4978. Conversely, the yearly low was recorded on March 12, dropping to 0.4183.

This high-to-low spread represents a total annual volatility of 0.0795 TND. From a start-to-finish perspective, comparing the January average rate of 0.4382 to the December average rate of 0.4947, the exchange rate registered a net change of 12.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4978 was up 10.94% compared to the 2013 peak of 0.4487, 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 2,489 TND

2013 Average 2,167 TND

Yearly Trough Low 2,091 TND

Transaction Impact: A difference of 397.69 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5021

0.4131

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 0.4302, compared to 0.4753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0452 points.

H1 Avg (Jan–Jun) 0.4302

H2 Avg (Jul–Dec) 0.4753

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0158 TND (High: 0.4801 / Low: 0.4643). On the other end, March was the most stable month, with a tight range of 0.0044 TND (High: 0.4226 / Low: 0.4183).

September Spread (Volatile) ±0.0158

March Spread (Stable) ±0.0044

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 January and February, when the average rate fell by 0.0142 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4947) against the same month in 2013 (average: 0.4427), the exchange rate shifted by +0.0521 (+11.76%).

2014 Avg (December) 0.4947

2013 Avg (December) 0.4427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4424	0.4280	0.4382
February	0.4284	0.4205	0.4241
March	0.4226	0.4183	0.4205
April	0.4273	0.4213	0.4237
May	0.4355	0.4268	0.4319
June	0.4493	0.4349	0.4426
July	0.4603	0.4486	0.4561
August	0.4646	0.4564	0.4596
September	0.4801	0.4643	0.4724
October	0.4850	0.4777	0.4805
November	0.4909	0.4852	0.4886
December	0.4978	0.4902	0.4947