2016 TND to BAM Historical Review

YEARLY HIGH

0.8853 BAM

YEARLY LOW

0.7891 BAM

YEARLY AVERAGE

0.8255 BAM

2016 TND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.8853. Conversely, the yearly low was recorded on November 5, dropping to 0.7891.

This high-to-low spread represents a total annual volatility of 0.0962 BAM. From a start-to-finish perspective, comparing the January average rate of 0.8810 to the December average rate of 0.8038, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8853 was down 6.03% compared to the 2015 peak of 0.9421, 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 4,426 BAM

2015 Average 4,494 BAM

Yearly Trough Low 3,946 BAM

Transaction Impact: A difference of 480.90 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8899

0.7834

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 0.8545, compared to 0.7965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0580 points.

H1 Avg (Jan–Jun) 0.8545

H2 Avg (Jul–Dec) 0.7965

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0279 BAM (High: 0.8267 / Low: 0.7988). On the other end, September was the most stable month, with a tight range of 0.0042 BAM (High: 0.7948 / Low: 0.7906).

June Spread (Volatile) ±0.0279

September Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0373 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.8810) against the same month in 2015 (average: 0.8810), the exchange rate shifted by +0.0000 (+0.00%).

2016 Avg (January) 0.8810

2015 Avg (January) 0.8810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8853	0.8772	0.8810
February	0.8804	0.8644	0.8708
March	0.8773	0.8540	0.8674
April	0.8614	0.8495	0.8569
May	0.8530	0.8330	0.8441
June	0.8267	0.7988	0.8068
July	0.8031	0.7916	0.7989
August	0.7962	0.7900	0.7932
September	0.7948	0.7906	0.7923
October	0.7961	0.7901	0.7932
November	0.8046	0.7891	0.7978
December	0.8114	0.7929	0.8038