2015 TND to BAM Historical Review

YEARLY HIGH

0.9421 BAM

YEARLY LOW

0.8678 BAM

YEARLY AVERAGE

0.8988 BAM

2015 TND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.9421. Conversely, the yearly low was recorded on January 3, dropping to 0.8678.

This high-to-low spread represents a total annual volatility of 0.0743 BAM. From a start-to-finish perspective, comparing the January average rate of 0.8810 to the December average rate of 0.8857, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9421 was up 4.21% compared to the 2014 peak of 0.9040, 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 4,711 BAM

2014 Average 4,346 BAM

Yearly Trough Low 4,339 BAM

Transaction Impact: A difference of 371.39 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9310

0.8765

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 0.9045, compared to 0.8931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.9045

H2 Avg (Jul–Dec) 0.8931

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0456 BAM (High: 0.9421 / Low: 0.8965). On the other end, February was the most stable month, with a tight range of 0.0073 BAM (High: 0.8970 / Low: 0.8897).

March Spread (Volatile) ±0.0456

February Spread (Stable) ±0.0073

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 April and May, when the average rate fell by 0.0200 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.9215) against the same month in 2014 (average: 0.8975), the exchange rate shifted by +0.0240 (+2.67%).

2015 Avg (March) 0.9215

2014 Avg (March) 0.8975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8958	0.8678	0.8810
February	0.8970	0.8897	0.8926
March	0.9421	0.8965	0.9215
April	0.9328	0.9149	0.9264
May	0.9151	0.8945	0.9064
June	0.9098	0.8931	0.8991
July	0.9123	0.8990	0.9041
August	0.9083	0.8840	0.8987
September	0.8933	0.8832	0.8887
October	0.8909	0.8791	0.8860
November	0.9000	0.8899	0.8955
December	0.8937	0.8819	0.8857