2016 SAR to TND Historical Review

YEARLY HIGH

0.6232 TND

YEARLY LOW

0.5318 TND

YEARLY AVERAGE

0.5720 TND

2016 SAR to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SAR to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6232. Conversely, the yearly low was recorded on May 2, dropping to 0.5318.

This high-to-low spread represents a total annual volatility of 0.0914 TND. From a start-to-finish perspective, comparing the January average rate of 0.5444 to the December average rate of 0.6158, the exchange rate registered a net change of 13.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6232 was up 13.25% compared to the 2015 peak of 0.5502, 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 3,116 TND

2015 Average 2,615 TND

Yearly Trough Low 2,659 TND

Transaction Impact: A difference of 456.96 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6237

0.5288

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 0.5471, compared to 0.5970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0500 points.

H1 Avg (Jan–Jun) 0.5471

H2 Avg (Jul–Dec) 0.5970

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0308 TND (High: 0.5626 / Low: 0.5318). On the other end, September was the most stable month, with a tight range of 0.0037 TND (High: 0.5893 / Low: 0.5856).

May Spread (Volatile) ±0.0308

September Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0051 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6158) against the same month in 2015 (average: 0.5400), the exchange rate shifted by +0.0758 (+14.05%).

2016 Avg (December) 0.6158

2015 Avg (December) 0.5400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5473	0.5422	0.5444
February	0.5459	0.5334	0.5393
March	0.5470	0.5341	0.5400
April	0.5403	0.5336	0.5368
May	0.5626	0.5318	0.5469
June	0.5872	0.5620	0.5750
July	0.5968	0.5839	0.5899
August	0.5912	0.5827	0.5871
September	0.5893	0.5856	0.5875
October	0.6026	0.5862	0.5959
November	0.6147	0.5931	0.6059
December	0.6232	0.6088	0.6158