2011 TND to AFN Historical Review

YEARLY HIGH

34.8506 AFN

YEARLY LOW

29.2544 AFN

YEARLY AVERAGE

31.4582 AFN

2011 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 34.8506. Conversely, the yearly low was recorded on January 10, dropping to 29.2544.

This high-to-low spread represents a total annual volatility of 5.5962 AFN. From a start-to-finish perspective, comparing the January average rate of 29.9849 to the December average rate of 31.3384, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 34.8506 was down 6.87% compared to the 2010 peak of 37.4226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,253 AFN

2010 Average 158,282 AFN

Yearly Trough Low 146,272 AFN

Transaction Impact: A difference of 27,980.91 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

34.4200

29.5817

JanuMarcMayJulySeptNove

TND to AFN 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 30.8743, compared to 32.0420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1677 points.

H1 Avg (Jan–Jun) 30.8743

H2 Avg (Jul–Dec) 32.0420

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 3.7741 AFN (High: 33.9396 / Low: 30.1656). On the other end, February was the most stable month, with a tight range of 0.5110 AFN (High: 30.6013 / Low: 30.0904).

September Spread (Volatile) ±3.7741

February Spread (Stable) ±0.5110

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 1.8986 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8986

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 34.0169) against the same month in 2010 (average: 31.0040), the exchange rate shifted by +3.0128 (+9.72%).

2011 Avg (October) 34.0169

2010 Avg (October) 31.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.5635	29.2544	29.9849
February	30.6013	30.0904	30.3502
March	31.1538	30.5138	30.8674
April	31.9494	30.8797	31.4161
May	32.1308	30.6538	31.2383
June	31.7350	31.0314	31.3890
July	31.5087	30.7068	31.2208
August	31.6739	30.9840	31.2932
September	33.9396	30.1656	31.1457
October	34.8506	33.1144	34.0169
November	33.8323	31.4326	33.2370
December	33.0311	30.3909	31.3384