2015 TND to AFN Historical Review

YEARLY HIGH

33.9915 AFN

YEARLY LOW

28.8702 AFN

YEARLY AVERAGE

31.1989 AFN

2015 TND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 33.9915. Conversely, the yearly low was recorded on March 11, dropping to 28.8702.

This high-to-low spread represents a total annual volatility of 5.1213 AFN. From a start-to-finish perspective, comparing the January average rate of 30.2347 to the December average rate of 33.3281, the exchange rate registered a net change of 10.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 33.9915 was down 6.63% compared to the 2014 peak of 36.4043, 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 169,958 AFN

2014 Average 168,234 AFN

Yearly Trough Low 144,351 AFN

Transaction Impact: A difference of 25,606.52 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

33.7205

29.0114

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 29.9984, compared to 32.3994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4010 points.

H1 Avg (Jan–Jun) 29.9984

H2 Avg (Jul–Dec) 32.3994

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 2.4062 AFN (High: 33.4627 / Low: 31.0565). On the other end, February was the most stable month, with a tight range of 0.4475 AFN (High: 29.8897 / Low: 29.4423).

August Spread (Volatile) ±2.4062

February Spread (Stable) ±0.4475

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5337 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.5337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 33.3281) against the same month in 2014 (average: 31.2373), the exchange rate shifted by +2.0908 (+6.69%).

2015 Avg (December) 33.3281

2014 Avg (December) 31.2373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.2174	29.3512	30.2347
February	29.8897	29.4423	29.7010
March	29.8917	28.8702	29.4038
April	30.2458	29.1991	29.6197
May	30.9001	29.6836	30.4149
June	31.3873	30.0437	30.6161
July	31.3425	30.5097	30.8516
August	33.4627	31.0565	32.2950
September	33.2262	31.9023	32.5740
October	33.1599	32.2360	32.7479
November	33.3566	32.0658	32.5998
December	33.9915	32.3741	33.3281