2018 TND to ARS Historical Review

YEARLY HIGH

14.7293 ARS

YEARLY LOW

7.4191 ARS

YEARLY AVERAGE

10.5068 ARS

2018 TND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 14.7293. Conversely, the yearly low was recorded on January 2, dropping to 7.4191.

This high-to-low spread represents a total annual volatility of 7.3102 ARS. From a start-to-finish perspective, comparing the January average rate of 7.7745 to the December average rate of 12.8504, the exchange rate registered a net change of 65.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.7293 was up 88.94% compared to the 2017 peak of 7.7957, 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 73,647 ARS

2017 Average 34,356 ARS

Yearly Trough Low 37,096 ARS

Transaction Impact: A difference of 36,551.07 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.4880

7.1642

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 8.7397, compared to 12.2740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5343 points.

H1 Avg (Jan–Jun) 8.7397

H2 Avg (Jul–Dec) 12.2740

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 4.1451 ARS (High: 14.1003 / Low: 9.9552). On the other end, April was the most stable month, with a tight range of 0.2432 ARS (High: 8.4643 / Low: 8.2211).

August Spread (Volatile) ±4.1451

April Spread (Stable) ±0.2432

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8384 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8384

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 13.8777) against the same month in 2017 (average: 7.0361), the exchange rate shifted by +6.8416 (+97.24%).

2018 Avg (September) 13.8777

2017 Avg (September) 7.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.2008	7.4191	7.7745
February	8.4170	8.1296	8.2787
March	8.5372	8.2612	8.4126
April	8.4643	8.2211	8.3384
May	9.9494	8.4028	9.3408
June	11.0348	9.6763	10.2934
July	11.0572	10.1181	10.4754
August	14.1003	9.9552	10.8781
September	14.7293	13.3220	13.8777
October	14.0404	12.4625	13.0393
November	13.3905	12.1597	12.5229
December	13.0703	12.4955	12.8504