2012 TND to BAM Historical Review

YEARLY HIGH

1.0146 BAM

YEARLY LOW

0.9522 BAM

YEARLY AVERAGE

0.9754 BAM

2012 TND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.0146. Conversely, the yearly low was recorded on December 20, dropping to 0.9522.

This high-to-low spread represents a total annual volatility of 0.0624 BAM. From a start-to-finish perspective, comparing the January average rate of 1.0031 to the December average rate of 0.9563, the exchange rate registered a net change of -4.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0146 was down 1.85% compared to the 2011 peak of 1.0337, 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 5,073 BAM

2011 Average 5,002 BAM

Yearly Trough Low 4,761 BAM

Transaction Impact: A difference of 311.79 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0078

0.9516

JanuMarcMayJulySeptNove

TND to BAM 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 0.9823, compared to 0.9686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.9823

H2 Avg (Jul–Dec) 0.9686

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.0285 BAM (High: 0.9888 / Low: 0.9603). On the other end, October was the most stable month, with a tight range of 0.0050 BAM (High: 0.9650 / Low: 0.9600).

April Spread (Volatile) ±0.0285

October Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0167 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.0031) against the same month in 2011 (average: 1.0209), the exchange rate shifted by -0.0178 (-1.74%).

2012 Avg (January) 1.0031

2011 Avg (January) 1.0209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0146	0.9875	1.0031
February	0.9926	0.9747	0.9864
March	0.9899	0.9761	0.9818
April	0.9888	0.9603	0.9757
May	0.9799	0.9622	0.9711
June	0.9841	0.9677	0.9759
July	0.9924	0.9742	0.9832
August	0.9878	0.9742	0.9802
September	0.9754	0.9582	0.9657
October	0.9650	0.9600	0.9628
November	0.9669	0.9580	0.9633
December	0.9611	0.9522	0.9563