2014 TND to AFN Historical Review

YEARLY HIGH

36.4043 AFN

YEARLY LOW

31.1081 AFN

YEARLY AVERAGE

33.6612 AFN

2014 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 36.4043. Conversely, the yearly low was recorded on December 22, dropping to 31.1081.

This high-to-low spread represents a total annual volatility of 5.2962 AFN. From a start-to-finish perspective, comparing the January average rate of 34.2363 to the December average rate of 31.2373, the exchange rate registered a net change of -8.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 36.4043 was up 3.90% compared to the 2013 peak of 35.0373, 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 182,022 AFN

2013 Average 168,447 AFN

Yearly Trough Low 155,541 AFN

Transaction Impact: A difference of 26,481.14 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

36.5956

30.7502

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 35.2434, compared to 32.0790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1644 points.

H1 Avg (Jan–Jun) 35.2434

H2 Avg (Jul–Dec) 32.0790

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.6572 AFN (High: 35.3932 / Low: 33.7360). On the other end, November was the most stable month, with a tight range of 0.3910 AFN (High: 31.7041 / Low: 31.3131).

January Spread (Volatile) ±1.6572

November Spread (Stable) ±0.3910

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.3336 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 36.1084) against the same month in 2013 (average: 33.5177), the exchange rate shifted by +2.5908 (+7.73%).

2014 Avg (March) 36.1084

2013 Avg (March) 33.5177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.3932	33.7360	34.2363
February	36.1254	35.0841	35.6696
March	36.4043	35.8858	36.1084
April	36.1381	35.3275	35.7565
May	35.5655	34.8028	35.0983
June	35.2338	33.9865	34.5912
July	34.1515	32.5003	33.2575
August	33.2223	32.3237	32.6648
September	32.3220	31.6259	32.0464
October	32.1760	31.4558	31.7889
November	31.7041	31.3131	31.4787
December	31.5253	31.1081	31.2373