2012 TND to AFN Historical Review

YEARLY HIGH

33.4414 AFN

YEARLY LOW

29.5424 AFN

YEARLY AVERAGE

31.4204 AFN

2012 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 33.4414. Conversely, the yearly low was recorded on July 12, dropping to 29.5424.

This high-to-low spread represents a total annual volatility of 3.8990 AFN. From a start-to-finish perspective, comparing the January average rate of 30.4975 to the December average rate of 32.9781, the exchange rate registered a net change of 8.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 33.4414 was down 4.04% compared to the 2011 peak of 34.8506, 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 167,207 AFN

2011 Average 157,318 AFN

Yearly Trough Low 147,712 AFN

Transaction Impact: A difference of 19,494.96 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

33.2979

29.5145

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 31.1919, compared to 31.6490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4571 points.

H1 Avg (Jan–Jun) 31.1919

H2 Avg (Jul–Dec) 31.6490

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 2.2574 AFN (High: 32.8781 / Low: 30.6208). On the other end, August was the most stable month, with a tight range of 0.5419 AFN (High: 30.3310 / Low: 29.7892).

February Spread (Volatile) ±2.2574

August Spread (Stable) ±0.5419

Growth Streaks & Declines

Trends

Between July and November, 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 April and May, when the average rate fell by 0.9992 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 32.9826) against the same month in 2011 (average: 33.2370), the exchange rate shifted by -0.2544 (-0.77%).

2012 Avg (November) 32.9826

2011 Avg (November) 33.2370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.9204	30.1315	30.4975
February	32.8781	30.6208	32.0949
March	32.6305	31.7648	32.0356
April	32.1460	31.3399	31.6784
May	31.4170	29.9190	30.6792
June	30.5349	29.8263	30.1659
July	30.5234	29.5424	29.8298
August	30.3310	29.7892	30.0147
September	32.2533	30.2345	31.2660
October	33.1437	32.2160	32.8227
November	33.4414	32.6435	32.9826
December	33.3938	32.4335	32.9781