2013 TND to BAM Historical Review

YEARLY HIGH

0.9589 BAM

YEARLY LOW

0.8510 BAM

YEARLY AVERAGE

0.9077 BAM

2013 TND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.9589. Conversely, the yearly low was recorded on December 15, dropping to 0.8510.

This high-to-low spread represents a total annual volatility of 0.1079 BAM. From a start-to-finish perspective, comparing the January average rate of 0.9469 to the December average rate of 0.8604, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9589 was down 5.49% compared to the 2012 peak of 1.0146, 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 4,794 BAM

2012 Average 4,877 BAM

Yearly Trough Low 4,255 BAM

Transaction Impact: A difference of 539.39 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9626

0.8511

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 0.9344, compared to 0.8810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0533 points.

H1 Avg (Jan–Jun) 0.9344

H2 Avg (Jul–Dec) 0.8810

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0304 BAM (High: 0.9563 / Low: 0.9260). On the other end, August was the most stable month, with a tight range of 0.0069 BAM (High: 0.8954 / Low: 0.8886).

April Spread (Volatile) ±0.0304

August Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0237 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.9469) against the same month in 2012 (average: 1.0031), the exchange rate shifted by -0.0562 (-5.61%).

2013 Avg (January) 0.9469

2012 Avg (January) 1.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9589	0.9379	0.9469
February	0.9480	0.9333	0.9402
March	0.9589	0.9458	0.9533
April	0.9563	0.9260	0.9401
May	0.9262	0.9041	0.9163
June	0.9169	0.9044	0.9095
July	0.9084	0.8922	0.9002
August	0.8954	0.8886	0.8924
September	0.8968	0.8773	0.8884
October	0.8780	0.8708	0.8745
November	0.8775	0.8624	0.8703
December	0.8673	0.8510	0.8604