2011 TND to AZN Historical Review

YEARLY HIGH

0.5911 AZN

YEARLY LOW

0.5237 AZN

YEARLY AVERAGE

0.5613 AZN

2011 TND to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TND to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.5911. Conversely, the yearly low was recorded on December 29, dropping to 0.5237.

This high-to-low spread represents a total annual volatility of 0.0674 AZN. From a start-to-finish perspective, comparing the January average rate of 0.5554 to the December average rate of 0.5302, the exchange rate registered a net change of -4.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5911 was down 4.48% compared to the 2010 peak of 0.6189, 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 2,956 AZN

2010 Average 2,818 AZN

Yearly Trough Low 2,619 AZN

Transaction Impact: A difference of 337.10 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5827

0.5255

JanuMarcMayJulySeptNove

TND to AZN 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 0.5685, compared to 0.5541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.5685

H2 Avg (Jul–Dec) 0.5541

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0288 AZN (High: 0.5911 / Low: 0.5624). On the other end, February was the most stable month, with a tight range of 0.0087 AZN (High: 0.5647 / Low: 0.5559).

May Spread (Volatile) ±0.0288

February Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.5736) against the same month in 2010 (average: 0.5601), the exchange rate shifted by +0.0135 (+2.41%).

2011 Avg (May) 0.5736

2010 Avg (May) 0.5601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5655	0.5420	0.5554
February	0.5647	0.5559	0.5606
March	0.5739	0.5626	0.5687
April	0.5875	0.5688	0.5780
May	0.5911	0.5624	0.5736
June	0.5820	0.5677	0.5744
July	0.5759	0.5608	0.5705
August	0.5790	0.5664	0.5719
September	0.5701	0.5477	0.5559
October	0.5672	0.5389	0.5536
November	0.5505	0.5322	0.5427
December	0.5372	0.5237	0.5302