2015 SAR to TND Historical Review

YEARLY HIGH

0.5502 TND

YEARLY LOW

0.4976 TND

YEARLY AVERAGE

0.5229 TND

2015 SAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.5502. Conversely, the yearly low was recorded on January 2, dropping to 0.4976.

This high-to-low spread represents a total annual volatility of 0.0526 TND. From a start-to-finish perspective, comparing the January average rate of 0.5083 to the December average rate of 0.5400, the exchange rate registered a net change of 6.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5502 was up 10.53% compared to the 2014 peak of 0.4978, 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 2,751 TND

2014 Average 2,265 TND

Yearly Trough Low 2,488 TND

Transaction Impact: A difference of 262.99 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5461

0.5049

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 0.5165, compared to 0.5292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.5165

H2 Avg (Jul–Dec) 0.5292

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0216 TND (High: 0.5192 / Low: 0.4976). On the other end, September was the most stable month, with a tight range of 0.0063 TND (High: 0.5248 / Low: 0.5185).

January Spread (Volatile) ±0.0216

September Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.5426) against the same month in 2014 (average: 0.4886), the exchange rate shifted by +0.0540 (+11.06%).

2015 Avg (November) 0.5426

2014 Avg (November) 0.4886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5192	0.4976	0.5083
February	0.5196	0.5101	0.5146
March	0.5333	0.5154	0.5229
April	0.5287	0.5104	0.5209
May	0.5255	0.5073	0.5155
June	0.5246	0.5137	0.5170
July	0.5286	0.5191	0.5243
August	0.5283	0.5091	0.5212
September	0.5248	0.5185	0.5223
October	0.5344	0.5181	0.5248
November	0.5502	0.5318	0.5426
December	0.5497	0.5356	0.5400