2016 TND to ARS Historical Review

YEARLY HIGH

7.7092 ARS

YEARLY LOW

6.3466 ARS

YEARLY AVERAGE

6.8855 ARS

2016 TND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 7.7092. Conversely, the yearly low was recorded on January 2, dropping to 6.3466.

This high-to-low spread represents a total annual volatility of 1.3626 ARS. From a start-to-finish perspective, comparing the January average rate of 6.6386 to the December average rate of 6.8574, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.7092 was up 17.63% compared to the 2015 peak of 6.5541, 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 38,546 ARS

2015 Average 23,594 ARS

Yearly Trough Low 31,733 ARS

Transaction Impact: A difference of 6,813.05 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.4408

6.4773

JanuMarcMayJulySeptNove

TND to ARS 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 6.9846, compared to 6.7863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1983 points.

H1 Avg (Jan–Jun) 6.9846

H2 Avg (Jul–Dec) 6.7863

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.8226 ARS (High: 7.7092 / Low: 6.8867). On the other end, August was the most stable month, with a tight range of 0.1871 ARS (High: 6.8328 / Low: 6.6456).

February Spread (Volatile) ±0.8226

August Spread (Stable) ±0.1871

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.3299 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 7.3125) against the same month in 2015 (average: 4.4959), the exchange rate shifted by +2.8166 (+62.65%).

2016 Avg (February) 7.3125

2015 Avg (February) 4.4959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8039	6.3466	6.6386
February	7.7092	6.8867	7.3125
March	7.6777	7.1373	7.3605
April	7.3792	6.9741	7.1509
May	7.1240	6.6170	6.8875
June	6.9121	6.3472	6.5576
July	6.8686	6.6178	6.7322
August	6.8328	6.6456	6.7391
September	6.9718	6.7644	6.8501
October	6.9692	6.7072	6.7925
November	6.8489	6.6427	6.7466
December	6.9598	6.6469	6.8574