2014 TND to BBD Historical Review

YEARLY HIGH

1.2749 BBD

YEARLY LOW

1.0704 BBD

YEARLY AVERAGE

1.1814 BBD

2014 TND to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 1.2749. Conversely, the yearly low was recorded on December 23, dropping to 1.0704.

This high-to-low spread represents a total annual volatility of 0.2045 BBD. From a start-to-finish perspective, comparing the January average rate of 1.2170 to the December average rate of 1.0771, the exchange rate registered a net change of -11.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2749 was down 2.06% compared to the 2013 peak of 1.3018, 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 6,375 BBD

2013 Average 6,156 BBD

Yearly Trough Low 5,352 BBD

Transaction Impact: A difference of 1,022.68 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2872

1.0580

JanuMarcMayJulySeptNove

TND to BBD 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 1.2402, compared to 1.1226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1175 points.

H1 Avg (Jan–Jun) 1.2402

H2 Avg (Jul–Dec) 1.1226

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0408 BBD (High: 1.2461 / Low: 1.2053). On the other end, November was the most stable month, with a tight range of 0.0130 BBD (High: 1.0987 / Low: 1.0856).

January Spread (Volatile) ±0.0408

November Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0357 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.2681) against the same month in 2013 (average: 1.2630), the exchange rate shifted by +0.0051 (+0.41%).

2014 Avg (March) 1.2681

2013 Avg (March) 1.2630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2461	1.2053	1.2170
February	1.2680	1.2449	1.2575
March	1.2749	1.2618	1.2681
April	1.2659	1.2479	1.2587
May	1.2495	1.2244	1.2348
June	1.2260	1.1868	1.2050
July	1.1888	1.1584	1.1692
August	1.1685	1.1478	1.1603
September	1.1484	1.1104	1.1290
October	1.1160	1.0991	1.1094
November	1.0987	1.0856	1.0908
December	1.0871	1.0704	1.0771